Common use of Recording: Clause Clause in Contracts

Recording: Clause. For purposes of recording this Mortgage as required by Chapter 3 of the Republic of the Xxxxxxxx Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Five Hundred Eight Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 United States Dollars (U.S. $508,977,536.95), and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.

Appears in 1 contract

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.)

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Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of the Republic of the Xxxxxxxx Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Five Four Hundred Eight Twenty Two Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 United States Dollars (U.S. $508,977,536.95422,000,000), and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.

Appears in 1 contract

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.)

Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of the Republic of the Xxxxxxxx Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Five Hundred Eight Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 One Billion United States Dollars (U.S. $508,977,536.951,000,000,000), and interest and performance of mortgage covenants. The maturity date of this Mortgage is on demandOctober 25, 2015. There is no separate discharge amount.

Appears in 1 contract

Samples: Credit Agreement (Transocean Ltd.)

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Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of the Republic of the Xxxxxxxx Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Five Hundred Eight Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 United States Dollars (U.S. $508,977,536.95), and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.

Appears in 1 contract

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.)

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