Common use of Collateral Attached to Other Property Clause in Contracts

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vessel, Debtor hereby agrees that this Agreement may be filed for record in any appropriate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.08. If Debtor is not the record owner of such immovable (real) property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons having an interest in the immovable (real) property or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vessel, Debtor hereby agrees that this Agreement may be filed for record in any appropriate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.08. If Debtor is not the record owner of such immovable (real) property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's ’s security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's ’s waivers, signed by all Persons having an interest in the immovable (real) property or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselproperty, Debtor Debtors hereby agrees agree that this Agreement may be filed for record in any appropriate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage deed of trust (as contemplated by the New Indenture). In connection therewith, Debtor Debtors will take whatever action is required by Section 4.08. If Debtor one of the Debtors is not the record owner of such immovable (real) property, Debtor Debtors will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property or installed in or affixed to other goods, Debtor Debtors will, on demand of Secured Party, use its commercially reasonable their best efforts to furnish Secured Party with landlord's waivers, signed by all Persons having an interest in the immovable (real) property or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may is to be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselreal property, Debtor hereby agrees that this Agreement may be filed for record in any appropriate real estate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.084.08 hereof. If Debtor is not the record owner of such immovable (real) real ------------ property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property real estate or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons having an interest in the immovable (real) property real estate or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in after which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may is to be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselreal property, each Debtor hereby agrees that this Agreement may be filed for record in any appropriate real estate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, each Debtor will take whatever action is required by Section 4.08. If such Debtor is not the record owner of such immovable (real) real property, such Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property real estate or installed in or affixed to other goods, such Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons having an interest in the immovable (real) property real estate or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that ------------------------------------- the ------------------------------------- Collateral may is to be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselreal property, Debtor hereby agrees that this Agreement may be filed for record in any appropriate real estate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.08. If Debtor is not the record owner of such immovable (real) real property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property real estate or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons or entities having an interest in the immovable (real) property real estate or other goods to which the Collateral may have become affixed, permitting the Secured Party or the Trustee to have access to the Collateral at all reasonable times and granting the Secured Party or the Trustee a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that the ------------------------------------- Collateral may is to be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselreal property, Debtor hereby agrees that this Agreement may be filed for record in any appropriate real estate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.08. If Debtor is not the record owner of such immovable (real) real property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property real estate or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons or entities having an interest in the immovable (real) property real estate or other goods to which the Collateral may have become affixed, permitting the Secured Party or the Trustee to have access to the Collateral at all reasonable times and granting the Secured Party or the Trustee a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.

Collateral Attached to Other Property. In the event that ------------------------------------- the ------------------------------------- Collateral may is to be considered attached or affixed to any immovable (real) property or may be considered an appurtenance of the Vesselreal property, Debtor hereby agrees that this Agreement may be filed for record in any appropriate real estate records as a financing statement which is a fixture filing, and the interests granted herein may be further perfected by the filing of a mortgage and a ship mortgage (as contemplated by the New Indenture). In connection therewith, Debtor will take whatever action is required by Section 4.08. If Debtor is not the record owner of such immovable (real) real property, Debtor will provide Secured Party with any additional security agreements or financing statements necessary for the perfection of Secured Party's security interest in the Collateral. If the Collateral is wholly or partly affixed to the immovable (real) property real estate or installed in or affixed to other goods, Debtor will, on demand of Secured Party, use its commercially reasonable efforts to furnish Secured Party with landlord's waivers, signed by all Persons or entities having an interest in the immovable (real) property real estate or other goods to which the Collateral may have become affixed, permitting the Secured Party to have access to the Collateral at all reasonable times and granting the Secured Party a reasonable period of time in which to remove the Collateral after the occurrence and during the continuance of an Event of Default.