Common use of Prevention of and release from arrest Clause in Contracts

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge:

Appears in 18 contracts

Samples: Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Facility Agreement (Seanergy Maritime Holdings Corp.)

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Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly dischargedischarge amounts due in respect of:

Appears in 6 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp), Facilities Agreement (Ardmore Shipping Corp)

Prevention of and release from arrest. (a) Each Ship Owning Borrower shall, in respect of the Ship owned by it, shall promptly discharge:

Appears in 3 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Prevention of and release from arrest. (a) Each The Borrower shall, in respect shall procure that each Owner of the a Mortgaged Ship owned by it, shall promptly discharge:

Appears in 2 contracts

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

Prevention of and release from arrest. (a) Each Borrower Guarantor shall, in respect of the Ship owned by it, promptly dischargedischarge when due and payable:

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

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Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, it (at its own cost) promptly discharge:

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship Vessel owned by it, promptly discharge:

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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