Common use of P&I Clause in Contracts

P&I. an Owner or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 27 contracts

Samples: Agreement, Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Acquisition CORP)

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P&I. an Owner any Borrower or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 11 contracts

Samples: Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

P&I. an the Borrower or any Owner or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 7 contracts

Samples: Facilities Agreement (Aries Maritime Transport LTD), Supplemental Agreement (Top Ships Inc.), Facilities Agreement (Omega Navigation Enterprises, Inc.)

P&I. an Owner or the Technical Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 7 contracts

Samples: Private and Confidential (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

P&I. an any Owner or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

Samples: Corporations and Companies (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

P&I. an any Owner or the either Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

P&I. an Owner any of the Owners or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which such a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

P&I. an Owner or the Manager Borrower or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

P&I. an any Owner or the relevant Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

P&I. an Owner or the a Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

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P&I. an Owner or the a Technical Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

P&I. an Owner or the Approved Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (StealthGas Inc.)

P&I. an any Owner or the any Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a the relevant Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such the relevant Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

P&I. an Owner any of the Owners or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

P&I. an Owner or the Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any 55 cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

P&I. an Owner any Borrower or the any Manager or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which a Mortgaged any Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where such Mortgaged the Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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