Common use of Repair and classification Clause in Contracts

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

Appears in 3 contracts

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

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Repair and classification. The From the Delivery Date, the Borrower shall, and shall procure that the Approved Manager shall, keep the Ship in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

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Repair and classification. The Borrower shall, and shall procure that the any Approved Manager shall, keep the Ship in a good and safe condition and state of repair, sea repair and cargo worthy in all respectsoperationally seaworthy:

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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