Vessel Covenants. With respect to the Vessel:
Vessel Covenants. Except as otherwise permitted by this Agreement, with respect to each of the Vessels owned by it:
Vessel Covenants. Maintain a valid U.S. Coast Guard Certificate of Documentation with a valid fishery endorsement and a current U.S. Coast Guard Certificate of Inspection for each Vessel identified on Schedule 4.16 as a U.S. flagged Vessel, (b) comply with all material (i) U.S. Coast Guard requirements and NMFFP requirements, (ii) xxxxxxx requirements of each Vessel and (iii) requirements of the protection and indemnity and hull underwriters as is necessary to ensure full insurance coverage of each Vessel, and (c) promptly, satisfy all maritime Liens, other than Liens created pursuant to the First Preferred Ship Mortgages and any other Permitted Liens.
Vessel Covenants. Maintain a valid U.S. Coast Guard Certificate of Documentation with a valid fishery endorsement (or coastwise trade endorsement, as its use may require) and a current U.S. Coast Guard Certificate of Inspection for each Vessel identified on Schedule 6.16 as a U.S. flagged Vessel, (b) comply with all material (i) U.S. Coast Guard requirements and NMFFP requirements, (ii) xxxxxxx requirements of each Vessel and (iii) requirements of the protection and indemnity and hull underwriters as is necessary to ensure full insurance coverage of each Vessel, and (c) promptly, satisfy all maritime Liens, other than Liens created pursuant to the First Preferred Ship Mortgages and any other Permitted Liens.
Vessel Covenants. The Borrowers give the undertakings set out in this Clause 25 to each Finance Party and such undertakings shall, unless otherwise specified, remain in force from the date of this Agreement and throughout the Security Period.
Vessel Covenants. The Borrower gives the undertakings set out in this Clause 22 to each Finance Party and such undertakings shall remain in force throughout the Security Period.
Vessel Covenants. Maintain a current U.S. Coast Guard Certificate of Documentation and a current U.S. Coast Guard Certificate of Inspection for each Vessel identified on Schedule V-1 as a U.S. flagged Vessel or, solely in the case of Vessels known as the “Cajun Horizon” and the “Gulf Horizon,” cause such Vessel to have a current U.S. Coast Guard Certificate of Inspection prior to such Vessel being placed back into service. Comply with (i) all U.S. Coast Guard requirements and American Bureau of Shipping requirements for the type of service each Vessel is engaged in, (ii) all mxxxxxx requirements of each Vessel, and (iii) all requirements of the protection and indemnity and hull underwriters as is necessary to ensure full insurance coverage of each Vessel. Promptly, satisfy all maritime Liens, other than Liens created pursuant to the First Preferred Ship Mortgages or, solely in the case of Second Priority Vessels, the Second Preferred Ship Mortgages and any other Permitted Liens.
Vessel Covenants. (a) Vessel’s name and registration. Each Loan Party shall (i) keep the Vessel owned by it registered in its name under the law of the U.S.; (ii) not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperiled; and (iii) not change the name or port of registry on which such Vessel was registered when it became subject to a Ship Mortgage.
Vessel Covenants. The Owner hereby covenants and agrees to comply with any and all covenants relating to the Vessel contained in the other Loan Documents, and covenants and undertakes at all times:
Vessel Covenants. Each Loan Party shall and shall cause each other Security Party to, upon the making of the Loan on the Drawdown Date:
