Common use of Arrest Clause in Contracts

Arrest. Any arrest of a Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower within 30 days of such arrest or detention.

Appears in 13 contracts

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

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Arrest. Any arrest of a Ship Vessel or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower Collateral Owner within 30 days Business Days of such arrest or detention.

Appears in 2 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Arrest. Any arrest of a Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower within 30 90 calendar days of such arrest or detention.. 104

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Arrest. Any arrest of a Ship or, as the case may be, the Collateral Ship, or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower or, as the case may be, the Collateral Owner, within 30 days of such arrest or detention.

Appears in 2 contracts

Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.)

Arrest. Any arrest of a the Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower within 30 21 days of such arrest or detention.

Appears in 1 contract

Samples: Assignment Agreement (Pyxis Tankers Inc.)

Arrest. Any arrest of a Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower Collateral Guarantor within 30 days of such arrest or detention.

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

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Arrest. Any arrest of a Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower within 30 25 days of such arrest or detention.

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Arrest. Any arrest of a Ship or its detention in the exercise or the purported exercise of any lien or claim unless it is redelivered to the full control of the relevant Borrower within 30 90 days of such arrest or detention.

Appears in 1 contract

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

Arrest. Any arrest of a the Ship or its detention in the exercise or the purported exercise of any lien or claim claim, unless it is redelivered to the full control of the relevant Borrower within 30 45 days of such arrest or detention.

Appears in 1 contract

Samples: Assignment Agreement (Euroseas Ltd.)

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