Common use of Compliance with ISM Code Clause in Contracts

Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each Mortgaged Ship and any Operator comply with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security Period;

Appears in 3 contracts

Samples: Facilities Agreement (Aries Maritime Transport LTD), Agreement (Omega Navigation Enterprises, Inc.), Facilities Agreement (Omega Navigation Enterprises, Inc.)

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Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each Mortgaged Ship Each Vessel and any Operator comply complies with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security Periodthereto;

Appears in 2 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each the Mortgaged Ship Vessels and any Operator comply complies with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security PeriodPeriod (as defined in the relevant Ship Security Documents);

Appears in 2 contracts

Samples: Facility Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.)

Compliance with ISM Code. comply with, and will procure that any Operator willwill comply with, comply with and ensure that each the Mortgaged Ship Vessels and any Operator comply with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security PeriodPeriod (as defined in the Mortgages);

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Partners L.P.)

Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each Mortgaged Ship and any Operator comply with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security Period;

Appears in 1 contract

Samples: Agreement (Aries Maritime Transport LTD)

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Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each Mortgaged Ship the Ships and any Operator comply complies with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security Period;

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each the Mortgaged Ship Ships and any Operator comply with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security PeriodPeriod (as defined in the relevant Mortgage);

Appears in 1 contract

Samples: Agreement (Teekay LNG Partners L.P.)

Compliance with ISM Code. and will procure that any Operator will, comply with and ensure that each Mortgaged Ship the Ships and any Operator comply complies with the requirements of the ISM Code, including (but not limited to) the maintenance and renewal of valid certificates pursuant thereto throughout the Security PeriodPeriod (as defined in the relevant Mortgage) and with any existing applicable law, statute, rule or regulation;

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

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