Common use of ISPS Code compliance Clause in Contracts

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.

Appears in 6 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (DryShips Inc.)

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ISPS 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 ISPS Code in respect of the Vessel.

Appears in 2 contracts

Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)

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