Compliance with ISPS Code. and will procure that each Mortgaged Ship will comply with the requirements of the ISPS Code including (but not limited to) the maintenance and renewal of the ISSC for each Mortgaged Ship pursuant to the ISPS Code and will immediately inform the Agent if there is any actual or threatened withdrawal of the ISSC for any Mortgaged Ship;
Appears in 4 contracts
Samples: Facilities Agreement (Aries Maritime Transport LTD), Junior Secured Loan Agreement (Omega Navigation Enterprises, Inc.), Facilities Agreement (Omega Navigation Enterprises, Inc.)
Compliance with ISPS Code. and will The Borrower shall procure that any relevant member of the Group shall comply with and ensure that each Mortgaged Owned Ship will comply complies with the requirements of the ISPS Code including (but not limited to) the maintenance and renewal of the ISSC for each Mortgaged such Ship pursuant to the ISPS Code and will shall immediately inform the Agent if there is any actual or threatened withdrawal of the ISSC for any Mortgaged such Ship;.
Appears in 3 contracts
Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (Navios Maritime Holdings Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)
Compliance with ISPS Code. and will procure that each Mortgaged Ship will comply with the requirements of the ISPS Code including (but not limited to) the maintenance and renewal of the ISSC for each Mortgaged Ship pursuant to the ISPS Code and will immediately inform the Agent if there is any actual or threatened withdrawal of the ISSC for any Mortgaged Ship;
Appears in 2 contracts
Samples: Loan Agreement (Mc Shipping Inc), Facility Agreement (Aries Maritime Transport LTD)
