Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society of the Ship owned by it to do all or any of the following after the occurrence of an Event of Default or a Potential Event of Default (and procure that the classification society undertakes with the Security Trustee at such time):
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Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Classification society undertaking. The Borrower shall procure that each the Owner shall instruct the classification society of the Ship owned by it to do all or any of the following after the occurrence of an Event of Default or a Potential Event of Default (and procure that the classification society undertakes with the Security Trustee Lender at such time):
Appears in 2 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society of the Ship owned by it to do all or any of the following after the occurrence of an Event of Default or a Potential an event which with the lapse of time of the giving of notice will constitute an Event of Default (and procure that the classification society undertakes with the Security Trustee at such time):
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Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society of the Ship owned by it to do all or any of the following at any time after the occurrence of an Event of Default or a Potential Event of Default which is continuing (and procure that the classification society undertakes with the Security Trustee at such time):
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Classification society undertaking. The Borrower shall procure that each the Owner shall instruct the classification society of the Ship owned by it to do all or any of the following after the occurrence of an Event of Default or a Potential an event which with the lapse of time of the giving of notice will constitute an Event of Default (and procure that the classification society undertakes with the Security Trustee Lenders at such time):
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Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society of the Ship owned by it to do all or At any of the following time after the occurrence of an Event of Default or a Potential Event of Default has occurred which is continuing, the Borrower (and procure that if instructed to do so by the Agent) shall instruct the Ship’s classification society undertakes with the Security Trustee at such time):society:
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Samples: Amending and Restating Agreement (Golar LNG Partners LP)
Classification society undertaking. The Borrower shall procure that each Owner shall instruct the classification society Classification Society of the Ship or Ships (as the case may be) owned by it to do all or any of the following at any time after the occurrence of an Event of Default or a Potential Event of Default or an Event of Default which is continuing (and procure that the classification society Classification Society undertakes with the Security Trustee Agent at such time):
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