Common use of P&I Clause in Contracts

P&I. the 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 the 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 the Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 7 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Agreement (Euroseas Ltd.)

AutoNDA by SimpleDocs

P&I. the 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 the 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 the Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 7 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

P&I. the 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 the Vessel a 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 5 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (FreeSeas Inc.), Seanergy Maritime Holdings Corp.

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

Appears in 4 contracts

Samples: Loan Agreement (Globus Maritime LTD), Loan Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Freeseas Inc.)

P&I. the 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 the Vessel a 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 3 contracts

Samples: Facility Agreement (Costamare Partners LP), Facility Agreement (Costamare Partners LP), Costamare Inc.

P&I. the Borrower 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 the 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 the Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Euroseas Ltd., EuroDry Ltd.

P&I. the 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 the Vessel such Borrower’s 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

Samples: Agreement (Diana Containerships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

P&I. the either 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 the Vessel a 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

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

P&I. the Borrower or the Manager any Owner or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which the Vessel such Owner’s 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 2 contracts

Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)

P&I. the 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 the Vessel a Ship is entered for insurance 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (Top Tankers Inc.)

P&I. the 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 the Vessel is entered for insurance or insured against protection and indemnity risks (including oil pollution risks) to the effect that any cover in relation to the Vessel (including, including without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where the Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

P&I. any of the Borrower or the Manager Borrowers or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which any of the Vessel Vessels 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 jurisdiction where any of the Vessel Vessels operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (Excel Maritime Carriers LTD)

P&I. the 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 the 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 the Vessel Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

P&I. the Borrower or the Manager any Owner or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which the Vessel a 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Junior Loan Agreement (FreeSeas Inc.)

P&I. the Borrower or any Borrower, 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 the Vessel a 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

AutoNDA by SimpleDocs

P&I. the either 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 the Vessel such Borrower’s 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

P&I. the Borrower or 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 the Vessel any Ship is entered for insurance or insured against protection and indemnity risks (including oil pollution all P&I risks) to the effect that any cover (including, without limitation, any cover in respect of liability for Environmental Claims arising in jurisdictions where the Vessel any Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

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

P&I. the either 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 the Vessel such Borrower's 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Supplemental Agreement (Diana Shipping Inc.)

P&I. the 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 the 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 the Vessel operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

P&I. the either 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 the Vessel such Borrower's 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

P&I. the Borrower 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 the 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 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 (Pyxis Tankers Inc.)

P&I. any of the Borrower or Borrowers, 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 the Vessel any 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 the Vessel relevant 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 (Aegean Marine Petroleum Network Inc.)

P&I. the either 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 the Vessel such Borrower’s 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 the Vessel such Ship operates or trades) is or may be liable to cancellation, qualification or exclusion at any time; or

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

P&I. any of the Borrower or Owners, the Manager Managers or any other person fails or omits to comply with any requirements of the protection and indemnity association or other insurer with which the Vessel any 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 the Vessel relevant 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 (Aegean Marine Petroleum Network Inc.)

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