Evidence of Borrower. s title Evidence that on the date of the Drawing (i) the Vessels are registered under the flag stated in Schedule 2 in the ownership of the Borrower and (ii) the relevant Mortgages will be capable of being immediately registered against the Vessels with first priority.
Appears in 4 contracts
Samples: Facility Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Gulfmark Offshore Inc), Gulfmark Offshore Inc
Evidence of Borrower. s title Evidence that on the date of the first Drawing (i) the Vessels are registered under the flag stated in Schedule 2 in the ownership of the relevant Borrower and (ii) each the relevant Mortgages will be capable of being immediately registered against the Vessels with first priority.
Appears in 1 contract
Evidence of Borrower. s title Evidence that on the date of the Drawing (i) the Vessels are registered under the flag stated in Schedule 2 in the ownership of the Borrower and (ii) the relevant Mortgages will be capable of being immediately registered against the Vessels with first priority.
Appears in 1 contract
Samples: First Supplemental Agreement (Gulfmark Offshore Inc)
