The Interests. Bulk Ships has good and valid title to the Luxmar and Maremar Interests and the OSG MLP Operating Company Interest, free and clear of all mortgages, liens, security interests, covenants, options, claims, restrictions, or encumbrances of any kind. With respect to the Luxmar and Maremar Interests and the OSG MLP Operating Company Interest, there is no further obligation to make any capital contribution to the applicable Vessel Owning Subsidiary.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement (OSG America L.P.), Contribution, Conveyance and Assumption Agreement (OSG America L.P.)