Common use of ISM and ISPS Code Clause in Contracts

ISM and ISPS Code. The Guarantor has complied with and continues to comply with and has procured that the Approved Manager has complied with and continues to comply with the ISM Code, the ISPS Code and all other statutory and other requirements relative to its business and in particular the Guarantor or the Approved Manager has obtained and maintains a valid DOC and SMC for the Vessel and that it and the Approved Manager has implemented and continues to implement an ISM SMS;

ISM and ISPS Code. The Each Guarantor has complied with and continues to comply with and has procured that the Approved Manager has complied with and continues to comply with the ISM Code, the ISPS Code and all other statutory and other requirements relative to its business and in particular the Guarantor Guarantors or the Approved Manager has have obtained and maintains maintain a valid DOC and SMC for the Vessel Vessels and that it each Guarantor and the Approved Manager has implemented and continues to implement an ISM SMS;