Common use of Classification Society Clause in Contracts

Classification Society. undertaking If so requested by the Agent, on or before the relevant Delivery Date, or immediately on any change of Classification Society for either Vessel, irrevocably instruct (in such form as the Agent and the Majority Lenders may require in their sole discretion) the Classification Society of each Vessel to do all or any of the following during the Facility Period (and use reasonable endeavours to procure that the Classification Society undertakes with the Agent at such time):

Appears in 3 contracts

Samples: Agreement (Navios Maritime Partners L.P.), www.lw.com, Navios Maritime Acquisition CORP

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Classification Society. undertaking If so requested by the Agent, on or before the relevant Delivery Drawdown Date, or immediately on any change of Classification Society for either any Vessel, irrevocably instruct (in such form as the Agent and the Majority Lenders may require in their sole discretion) the Classification Society of each such Vessel to do all or any of the following during the Facility Period (and use reasonable endeavours to procure that the Classification Society undertakes with the Agent at such time):

Appears in 2 contracts

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

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