Common use of Classification Clause in Contracts

Classification. The Borrower shall ensure that each Vessel maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the Agent, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel.

Classification. The Borrower shall ensure that each Vessel of the Vessels maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the AgentSociety, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel’s class.

Classification. The With effect from the Delivery Date, the Borrower shall ensure that each the Vessel maintains the highest classification required for the purpose of the relevant trade of such the Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the Agent, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel’s class.

Classification. The Borrower shall procure that the Owners shall ensure that each Vessel maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the Agent, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel’s class.

Classification. The Borrower shall ensure that each Vessel maintains is classed and maintained with the highest classification required for the purpose of the relevant trade of applicable class necessary to properly operate such Vessel which shall be with a Pre-Approved Classification Society of Lloyds Register of Shipping, Det norske Veritas, the American Bureau of Shipping or such other classification society as may be acceptable to the Agent, Agent and that such classification is not changed or impaired in each case, free from any overdue recommendations and conditions affecting way during the class of that VesselFacility Period.

Classification. The Borrower shall ensure that each the Vessel maintains the highest classification required for the purpose of the relevant trade of such the Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the Agent, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel’s class.

Classification. The Borrower shall procure that the Owner shall ensure that each Vessel of the Vessels maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the AgentSociety, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel.’s class. \P1\3549672.7

Classification. The Borrower shall ensure that each Vessel of the Vessels maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the AgentSociety, in each case, free from any overdue recommendations and conditions adverse notations affecting the class of that Vessel’s class.

Classification. The Borrower shall procure that the Owners shall ensure that each Vessel maintains the highest classification required for the purpose of the relevant trade of such Vessel which shall be with a Pre-Approved Classification Society or such other society as may be acceptable to the Agent, in each case, free from any overdue recommendations and conditions affecting the class of that Vessel.