Common use of Conveyance on default Clause in Contracts

Conveyance on default. procure that each Owner where its Ship is (or is to be) sold in exercise of any power contained in the Mortgage or (if applicable) in the Deed of Covenant relative to its Ship or otherwise conferred on the Security Trustee, to execute, forthwith upon request by the Security Trustee, such form of conveyance of its Ship as the Security Trustee may require;

Conveyance on default. procure that each the Owner where its the Ship is (or is to be) sold in exercise of any power contained in the Mortgage or (if applicable) in the Deed of Covenant relative to its Ship or otherwise conferred on the Security Trustee, to execute, forthwith upon request by the Security Trustee, such form of conveyance of its the Ship as the Security Trustee may require;

Conveyance on default. procure that each Owner where its the Ship is (or is to be) sold in exercise of any power contained in the Mortgage or (if applicable) in the this Deed of Covenant relative to its Ship or otherwise conferred on an the Security Trustee, to execute, forthwith upon request by the Security Trustee, such form of conveyance of its the Ship as the Security Trustee may require;

Conveyance on default. procure that each Owner where its Ship is (or is to be) sold in exercise of any power contained in the Mortgage or (if applicable) in the Deed of Covenant relative to its Ship or otherwise conferred on the Security Trustee, to execute, forthwith upon request by the Security Trustee, such form of conveyance of its Ship as the Security Trustee may require;

Conveyance on default. procure that each The Owner undertakes, where its the Ship is (or is to be) sold in exercise of any power contained in the Mortgage or (if applicable) in the Deed of Covenant relative to its Ship or otherwise conferred on the Security Trusteethis Mortgage, to execute, forthwith upon request by the Security Trustee, such form of conveyance of its the Ship as the Security Trustee may require;.