Common use of Classification society undertaking Clause in Contracts

Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and procure that the classification society undertakes with the Security Trustee):

Appears in 15 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

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Classification society undertaking. The Each Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and make reasonable efforts to procure that the classification society undertakes with the Security Trustee):

Appears in 5 contracts

Samples: Loan Agreement, Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)

Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 14.3(b) (and procure that the classification society undertakes with the Security Trustee):

Appears in 3 contracts

Samples: Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and procure that the classification society undertakes with the Security Trustee):

Appears in 2 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Classification society undertaking. The Borrower shall procure that each Owner Borrowers shall instruct the classification society referred to in Clause 14.3 13.3(a) (and procure that the classification society undertakes with the Security Trustee):

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Classification society undertaking. The Borrower shall procure that each the Owner shall instruct the classification society referred to in Clause 14.3 (and procure that the classification society undertakes with the Security Trustee):

Appears in 2 contracts

Samples: Agreement (Capital Product Partners L.P.), Loan Agreement (Paragon Shipping Inc.)

Classification society undertaking. The Borrower shall procure that each Owner Guarantor shall instruct the classification society referred to in Clause 14.3 14.3(b) (Repair and classification) (and procure that the classification society undertakes with the Security Trustee):

Appears in 2 contracts

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

Classification society undertaking. The Following the occurrence of an Event of Default and while the same is continuing, the Borrower shall shall, following a written request from the Agent, procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and will use reasonable endeavours to procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society societies referred to in Clause 14.3 (and procure that the each classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Classification society undertaking. The Each Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 14.3(b) (Repair and classification) (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

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

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Classification society undertaking. The Each Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Classification society undertaking. The Each Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 14.3(b) (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Classification society undertaking. The Borrower shall use best efforts to procure that each Owner shall instruct the classification society referred to in Clause 14.3 (Repair and classification) (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Classification society undertaking. The Borrower shall use best efforts to procure that each Owner shall instruct the classification society referred to in Clause 14.3 (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society referred to in Clause 14.3 14.3(a) (and procure that the classification society undertakes with the Security Trustee):

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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