ISPS Code compliance Sample Clauses
The ISPS Code compliance clause requires parties involved in maritime operations to adhere to the International Ship and Port Facility Security (ISPS) Code, which sets security standards for ships and port facilities. This clause typically obligates shipowners, charterers, and port operators to ensure that their vessels and facilities meet the necessary security measures, such as maintaining valid certificates and following prescribed security protocols. By including this clause, contracts help prevent security breaches and ensure that all parties are aligned with international maritime security regulations, thereby reducing risks related to terrorism and unlawful acts.
ISPS Code compliance and will procure that the relevant Manager(s) or any Operator will, with effect from the Delivery Date for a Ship and at all times thereafter:
(a) maintain at all times a valid and current ISSC in respect of that Ship; and
(b) immediately notify the Agent in writing of any suspension, cancellation or modification of the ISSC in respect of a Ship;
ISPS Code compliance. The Borrower will:
(a) for the duration of the Facility Period comply with the ISPS Code in relation to the Vessel and procure that the Vessel and the ISPS Company comply with the ISPS Code;
(b) maintain a valid and current ISSC for the Vessel throughout the Facility Period and provide a copy to the Lender; and
(c) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
ISPS Code compliance. In respect of each Vessel, from the Delivery Date in respect of that Vessel, the Borrower is in full compliance with the ISPS Code in respect of that Vessel.
ISPS 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 ISPS Code in respect of the Vessel.
ISPS Code compliance. (i) evidence satisfactory to the Lender that the Vessel is subject to a ship security plan which complies with the ISPS Code (such as proof that a security plan has been submitted to the recognized organisation for approval); and
(ii) a copy, certified as a true and complete copy of the ISSC for the Vessel delivered to the Lender upon its issuance;
ISPS Code compliance. Procure that the Approved Manager or any Operator will:
(a) maintain at all times a valid and current ISSC respect of the Vessels;
(b) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vessels; and
(c) procure that the Vessels will comply at all times with the ISPS Code;
ISPS Code compliance. The Borrower will and will procure that the relevant Owner will:-
(a) procure that each of the Vessels maintains for the duration of the Facility Period a valid International Ship Security Certificate;
(b) procure that each of the Vessels' security system and associated security equipment complies in all material respects with the applicable requirements of Chapter XI-2 of SOLAS and Part A of the ISPS Code; and
(c) procure that an approved ship security plan is in place.
ISPS Code compliance. 24.1 evidence satisfactory to the Bank that each Ship is subject to a ship security plan which complies with the ISPS Code; and
24.2 a copy certified (in a certificate dated no earlier than five (5) Banking Days prior to the first Drawdown Date under this Agreement) as a true and complete copy by an officer of the relevant Owner of the ISSC for each Ship and the continuous synopsis record required by the ISPS Code in respect of each Ship; and
ISPS Code compliance. On each Delivery Date, each Owner and the Bareboat Charterer is in full compliance with the ISPS Code in respect of its Vessel.
ISPS Code compliance. The Owner, the Manager and any other relevant entity, are in compliance in all material respects with all of the mandatory requirements of the ISPS Code in respect of the Vessel.