Common use of Repair and classification Clause in Contracts

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

Appears in 2 contracts

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

AutoNDA by SimpleDocs

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

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

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Repair and classification. Each The Borrower shall, and shall procure that each Approved Manager shall, Owner and each Buyer shall keep the Ship or, as the case may be, its New Ship owned by that Borrower it in a good and safe condition and state of repair:

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Repair and classification. Each Borrower shall, and shall procure that each Approved Manager shall, keep the Ship owned by that Borrower in a good and safe condition and state of repair:, sea and cargo worthy in all respects: 55

Appears in 1 contract

Samples: Loan Agreement (Global Ship Lease, Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

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

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Management Inc.)

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

Appears in 1 contract

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

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