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;
Appears in 1 contract
Sources: Loan Agreement (FreeSeas Inc.)
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 VesselsVessel;
(b) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the VesselsVessel; and
(c) procure that the Vessels Vessel will comply at all times with the ISPS Code;
Appears in 1 contract
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 VesselsVessel;
(b) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the VesselsVessel; and
(c) procure that the Vessels Vessel will comply at all times with the ISPS Code;
Appears in 1 contract
Sources: Loan Agreement (FreeSeas Inc.)
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 VesselsVessel;
(b) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the VesselsVessel; and
(c) procure that the Vessels will comply at all times with the ISPS Code;
Appears in 1 contract
Sources: Loan Agreement (Top Ships Inc.)
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 VesselsVessel;
(b) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the VesselsVessel; and
(c) procure that the Vessels will comply at all times with the ISPS Code;8.13 Know your customer and money laundering compliance
Appears in 1 contract
ISPS Code compliance. Procure procure that the Approved Manager Managing Companies or any Operator willwill throughout the Security period:
(ai) maintain at all times a valid and current ISSC respect of the Vesselseach Vessel;
(bii) immediately notify the Bank in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vesselseach Vessel; and
(ci) procure that the Vessels each Vessel will comply at all times with the ISPS Code;.
Appears in 1 contract
Sources: Loan Agreement (Poseidon Containers Holdings Corp.)