Common use of Withdrawal of DOC or SMC Clause in Contracts

Withdrawal of DOC or SMC. procure that each Owner immediately informs the Security Trustee of any threatened or actual withdrawal of any Operator’s DOC or any SMC relative to its Ship;

Withdrawal of DOC or SMC. procure that each the Owner immediately informs the Security Trustee of any threatened or actual withdrawal of any Operator’s DOC or any SMC relative to its ShipSMC;