Common use of Classification society undertaking Clause in Contracts

Classification society undertaking. Each Borrower shall instruct (by sending a letter in the form set out in Part A of Schedule 9 (Classification Society Undertaking) the Approved Classification Society and procure that the Approved Classification Society undertakes with the Security Agent by entering into an undertaking in the form set out in Part B of Schedule 9 (Classification Society Undertaking):

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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Classification society undertaking. Each Borrower shall instruct (by sending a letter in the form set out in Part A of Schedule 9 (Classification Society Undertaking6) the Approved Classification Society classification society referred to in Clause 13.3 (and procure that the Approved Classification Society classification society undertakes with the Security Agent Lender by entering into an undertaking in the form set out in Part B of Schedule 9 (Classification Society Undertaking6):

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

Classification society undertaking. Each The Borrower shall instruct (by sending a letter in the form set out in Part A of Schedule 9 8 (Classification Society Undertaking)) the Approved Classification Society Society, and procure that the Approved Classification Society undertakes with the Security Agent (by entering into an undertaking in the form set out in Part B of Schedule 9 8 (Classification Society Undertaking)):

Appears in 1 contract

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

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Classification society undertaking. Each The Borrower shall instruct (by sending a letter in the form set out in Part A of Schedule 9 (Classification Society Undertaking6) the Approved Classification Society classification society referred to in Clause 13.3 (and procure that the Approved Classification Society classification society undertakes with the Security Agent Lender by entering into an undertaking in the form set out in Part B of Schedule 9 (Classification Society Undertaking6):

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

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