Common use of Compliance with ISM Code and ISPS Code Clause in Contracts

Compliance with ISM Code and ISPS Code. Each Vessel and Chartered Vessel owned, leased or operated by a Restricted Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.

Appears in 4 contracts

Samples: Credit Agreement (International Seaways, Inc.), Security Agreement (Overseas Shipholding Group Inc), Intercreditor Agreement (Overseas Shipholding Group Inc)

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Compliance with ISM Code and ISPS Code. Each Vessel and Chartered Collateral Vessel owned, leased or operated by a Restricted Credit Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.

Appears in 2 contracts

Samples: Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Diamond S Shipping Inc.)

Compliance with ISM Code and ISPS Code. Each Vessel and Chartered Vessel owned, leased or operated by a Restricted Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.. 117

Appears in 1 contract

Samples: Credit Agreement (International Seaways, Inc.)

Compliance with ISM Code and ISPS Code. Each Vessel and Chartered Collateral Vessel owned, leased or operated by a Restricted Loan Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.

Appears in 1 contract

Samples: Pledge Agreement (International Seaways, Inc.)

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Compliance with ISM Code and ISPS Code. Each Vessel and Chartered Vessel owned, leased or operated by a Restricted Party complies with the requirements of the ISM Code and the ISPS Code in all material respects, including the maintenance and renewal of valid certificates pursuant thereto.. 115

Appears in 1 contract

Samples: Credit Agreement (International Seaways, Inc.)

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