Application made for DOC and SMC Clause Samples

Application made for DOC and SMC in relation to the Vessel, the Operator has applied to the appropriate Regulatory Agency for a DOC for itself and an SMC in respect of the Vessel to be issued pursuant to the ISM Code within any time limit required or recommended by such Regulatory Agency and that neither the Borrower nor any Operator is aware of any reason why such application may be refused;

Application made for DOC and SMC in relation to the Vessel, the DOC applicable to the Approved Manager is presently in full effect, and the Operator has applied or, as the case may be, prior to her Delivery shall apply, to the appropriate Regulatory Agency for a DOC for itself and an SMC in respect of the Vessel to be issued pursuant to the ISM Code within any time limit required or recommended by such Regulatory Agency and that neither the Borrower nor any Operator is aware of any reason why such application may be refused;