Common use of Maintenance of Mortgage Clause in Contracts

Maintenance of Mortgage. The Shipowner (or the Charterer under ----------------------- the Charter) shall, at its expense and at no cost to the Mortgagee, comply with and satisfy all of the provisions of the laws and flag of the ______________________, in order to establish, record and maintain this Mortgage as a mortgage thereunder on the Vessel except to the extent provided by the Indenture.

Appears in 5 contracts

Samples: Lease, and Security Agreement (Mobil Corp), Lease and Security Agreement (Mobil Corp), Lease and Security Agreement (Mobil Corp)

AutoNDA by SimpleDocs

Maintenance of Mortgage. The Shipowner (or the Charterer under ----------------------- the Charter) shall, at its expense and at no cost to the Mortgagee, comply with and satisfy all of the provisions of the laws and flag of the ______________________United States, in order to establish, record and maintain this Mortgage as a preferred mortgage thereunder on the Vessel except to the extent provided by the Indenture.

Appears in 1 contract

Samples: First Preferred (Mobil Corp)

AutoNDA by SimpleDocs

Maintenance of Mortgage. The Shipowner (or the Charterer under the ----------------------- the Charter) shall, at its expense and at no cost to the Mortgagee, comply with and satisfy all of the provisions of the laws and flag of the _________________ ______________________, in order to establish, record and maintain this Mortgage as a mortgage thereunder on the Vessel except to the extent provided by the Indenture.

Appears in 1 contract

Samples: Lease and Security Agreement (Mobil Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.