Common use of Repair and classification Clause in Contracts

Repair and classification. Each Borrower shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 87 contracts

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

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Repair and classification. Each The Borrower shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 40 contracts

Samples: Assignment Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Agreement (Euroseas Ltd.)

Repair and classification. Each The Borrower shall procure that each Owner shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 38 contracts

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement, Loan Agreement

Repair and classification. Each Borrower Owner shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 13 contracts

Samples: Assignment Agreement (Global Ship Lease, Inc.), Agreement, Loan Agreement (Product Shipping Ltd.)

Repair and classification. Each The Borrower shall procure that the Owner shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 8 contracts

Samples: Loan Agreement, Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.)

Repair and classification. Each Borrower shall, and shall procure that the Approved Manager shall, keep the Ship owned by it that Borrower in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 7 contracts

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

Repair and classification. Each Borrower shall keep the its Ship owned by it in a good and safe condition and state of repair:

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Repair and classification. Each Borrower shall keep the Ship owned by it in a good good, safe and safe seaworthy condition and state of repair:

Appears in 6 contracts

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

Repair and classification. Each Borrower shall, and shall procure that each Approved Manager shall, keep the Ship owned by it that Borrower in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 6 contracts

Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Castor Maritime Inc.), Loan Agreement

Repair and classification. Each Borrower shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 4 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp), Assignment Agreement (United Maritime Corp)

Repair and classification. Each The Borrower shall, and shall procure that each Owner and each Approved Manager shall, keep the Ship owned by it that Owner in a good and safe condition and state of repair:

Appears in 3 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Repair and classification. Each Borrower shall, and shall procure that the Approved Manager shall, keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (DryShips Inc.)

Repair and classification. Each Borrower shall keep the its Ship owned by it in a good and safe sea and cargo worthy condition and state of repair:

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Repair and classification. Each The Borrower shall procure that each Owner and each Approved Manager shall, keep the Ship owned by it that Owner in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Repair and classification. Each Ship Owning Borrower shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 2 contracts

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

Repair and classification. Each Borrower shall, and shall procure that the Collateral Owner shall, keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 2 contracts

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

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Repair and classification. Each The Borrower shall procure that each Owner shall keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Repair and classification. Each Borrower shall keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Repair and classification. Each The Borrower shall procure that each Owner shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Repair and classification. Each The Borrower shall procure that each Owner of a Mortgaged Ship shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 2 contracts

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

Repair and classification. Each The Borrower shall keep the each Ship owned by it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Repair and classification. Each Borrower shall keep the Ship Vessel owned by it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Repair and classification. (a) Each Borrower shall keep the Ship owned by it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Management Agreement (Diana Shipping Inc.)

Repair and classification. Each The Borrower shall keep the Financed Ship owned by it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Repair and classification. Each The Borrower shall procure that each Owner shall keep the Ship or Ships (as the case may be) owned by it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Loan Agreement (Britannia Bulk Holdings Inc)

Repair and classification. Each The Borrower shall keep the Ship owned by it in a good good, safe and safe seaworthy condition and state of repair:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Containers Inc.)

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