Arrest. The Borrower will promptly pay and discharge: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship, its Earnings or its Insurances, except for Permitted Security; (b) all tolls, taxes, dues, fines, penalties and other amounts charged in respect of the Ship, the Earnings or the Insurances (unless disputed in good faith and in respect of which security has been provided or financial reserves maintained); and (c) all other costs and expenses whatsoever in respect of the Ship owned by it, its Earnings or its Insurances, and, as soon as reasonably practicable upon receiving notice of the arrest of the Ship, or of its detention in exercise or purported exercise of any lien or claim, the Borrower shall procure its release by providing bail or procuring the provision of security or otherwise as the circumstances may require.
Appears in 6 contracts
Samples: Facility Agreement, Facility Agreement, Facility Agreement (Hoegh LNG Partners LP)
