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

Prevention of and release from arrest. to pay and discharge all debts and liabilities which may give rise to maritime statutory or possessory liens on the Vessel or to claims enforceable by actions in rem against the Vessel or similar process so as to keep her free from arrest or detention and in the event of arrest or detention of the Vessel being threatened or effected forthwith to notify the Mortgagee thereof and to take all steps and to make all payments necessary to obtain the release of the Vessel from such arrest or detention within thirty days from receiving notice thereof;

Prevention of and release from arrest. to pay and discharge or procure the payment and discharge of all debts damages and liabilities whatsoever which have given or may give rise to maritime statutory or possessory liens on the Vessel or to claims enforceable by actions in rem against the Vessel or similar process so as to keep her free from arrest or detention Ship, unless contested in good faith, and in the event of arrest or detention of the Vessel being threatened Ship pursuant to legal process or effected forthwith in event of her detention in exercise or purported exercise of any such lien as aforesaid to notify the Mortgagee thereof and to take all steps and to make all payments necessary to obtain procure the release of the Vessel Ship from such arrest or detention within thirty days from forthwith upon receiving notice thereofthereof by providing bail or otherwise as the circumstances may require;

Prevention of and release from arrest. to To pay and discharge or procure the payment and discharge of all debts damages and liabilities whatsoever which have given or may give rise to maritime statutory or possessory liens on the Vessel or to claims enforceable by actions in rem against the Vessel or similar process so as to keep her free from arrest or detention and in the event of arrest or detention of the Vessel being threatened pursuant to legal process or effected forthwith in event of her detention in exercise or purported exercise of any such lien as aforesaid to notify the Mortgagee thereof and to take all steps and to make all payments necessary to obtain procure the release of the Vessel from such arrest or detention within thirty days from forthwith upon receiving notice thereof;thereof by providing bail or otherwise as the circumstances may require.