Common use of Additional Vessels Clause in Contracts

Additional Vessels. Upon the acquisition by any Borrower after the Amendment Effective Date of any vessel documented under the Laws of the United States of America, promptly provide to the Administrative Agent a duly executed preferred ship mortgage in the form of the Preferred Ship Mortgage covering such vessel, and upon the acquisition after the Amendment Effective Date of any vessel that is not so documented, promptly provide to the Administrative Agent such other appropriate Collateral Documents with respect thereto as the Administrative Agent may request, together in each case with such related legal opinions, certificates and other documentation as the Administrative Agent or Requisite Lenders may reasonably request.

Additional Vessels. Upon the acquisition by any Borrower after the Amendment Effective Closing Date of any vessel documented under the Laws of the United States of America, promptly provide to the Administrative Agent a duly executed preferred ship mortgage in the form of the Preferred Ship Mortgage covering such vessel, and upon the acquisition after the Amendment Effective Closing Date of any vessel that is not so documented, promptly provide to the Administrative Agent such other appropriate Collateral Documents with respect thereto as the Administrative Agent may request, together in each case with such related legal opinions, certificates and other documentation as the Administrative Agent or Requisite Lenders may reasonably request.

Additional Vessels. Upon the acquisition by Parent or any Borrower Restricted Subsidiary after the Amendment Effective Date of any vessel documented under the Laws of the United States of America, promptly provide to the Administrative Agent a duly executed preferred ship mortgage in the form of the Preferred Ship Mortgage covering such vessel, and upon the acquisition after the Amendment Effective Date of any vessel that is not so documented, promptly provide to the Administrative Agent such other appropriate Collateral Documents with respect thereto as the Administrative Agent may request, together in each case with such related legal opinions, certificates and other documentation as the Administrative Agent or Requisite Lenders may reasonably request.