ISM Code compliance. On the Delivery Date the Owner and the Manager is in compliance in all material respects with all of the mandatory requirements of the ISM Code in respect of the Vessel.
Appears in 6 contracts
Sources: Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (DryShips Inc.), Credit Facility Agreement (DryShips Inc.)
ISM Code compliance. On the Delivery Date the Owner Borrower and the Manager is are in compliance in all material respects with all of the mandatory requirements of the ISM Code in respect of the Vessel.
Appears in 2 contracts
Sources: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)