Class confirmation evidence from the Classification Society that the Vessel on the Delivery Date will be classed with the class notation (referred to in the Mortgage), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;
Class confirmation evidence from the Classification Society that the steel cutting of the Ship relevant to such Contract Instalment Advance has commenced (in the case of the second Contract Instalment Advance for such Ship) or that the keel laying of such Ship has taken place (in the case of the third Contract Instalment Advance for such Ship) or that the launching of such Ship has been completed (in the case of the fourth Contract Instalment Advance for such Ship), in each case to its satisfaction; any such further opinion as may be required by the Agent; and such other conditions as may be required by the Agent.
Class confirmation evidence from the Classification Society that each Vessel is classed with the class notation (referred to in the Mortgage relative thereto), with the Classification Society or to a similar standard with another classification society of like standing to be specifically approved by the Lender and remains free from any overdue requirements or recommendations affecting her class;
Class confirmation evidence from the Classification Society that the steel cutting of the Ship relevant to such Second Advance has commenced to its satisfaction;
Class confirmation evidence from the Classification Society that:
(a) the cutting of the first steel plate of the Ship to which the Relevant Advance relates has been completed at the Builder’s workshop (in the event that the Relevant Advance is the second Contract Instalment Advance for that Ship); or
(b) the first section of keel of the Ship to which the Relevant Advance relates has been laid at the Builder’s drydock (in the event that the Relevant Advance is the third Contract Instalment Advance for that Ship);
Class confirmation evidence from the relevant Classification Society that the Ship to which the Relevant Advance relates has been completed to its satisfaction;
Class confirmation evidence from the Classification Society that the launching of the Ship relevant to such Fourth Advance has been completed to its satisfaction; any such further opinion as may be required by the Bank; and such other conditions as may be required by the Bank.
Class confirmation. Written confirmation issued by a Classification Society in a form acceptable to the Bank, confirming that steel cutting of the Relevant Vessel has commenced.
Class confirmation. Written confirmation issued by a Classification Society in a form acceptable to the Bank, confirming that the first block of the keel of the Relevant Vessel has been laid.
Class confirmation evidence from the Classification Society that the keel-laying of the Ship relevant to such Second Advance has been completed to its satisfaction; any such further opinion as may be required by the Bank; and such other conditions as may be required by the Bank.
