Compliance with ISPS Code. procure that the Approved Manager or any Operator will: (i) maintain at all times a valid and current ISSC in respect of the Vessel; (ii) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vessel; and (iii) procure that the Vessel will comply at all times with the ISPS Code;
Appears in 3 contracts
Samples: Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Compliance with ISPS Code. procure that the Approved Manager relevant Manager(s) or any Operator will:
(i) maintain at all times a valid and current ISSC in respect of the Vessel;
(ii) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vessel; and
(iii) procure that the Vessel will comply at all times with the ISPS Code;
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Compliance with ISPS Code. the Owner will procure that the Approved Manager Owner or any Operator will:
(i) maintain at all times a valid and current ISSC in respect of the VesselShip;
(ii) immediately notify the Lender Mortgagee in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the VesselShip; and
(iii) procure that the Vessel Ship will comply at all times with the ISPS Code;; and
Appears in 2 contracts
Samples: Deed of Covenant (FreeSeas Inc.), Deed of Covenant (FreeSeas Inc.)
Compliance with ISPS Code. procure that the Approved Manager or any Operator will:
(i) maintain at all times a valid and current ISSC in respect of the Vessel;
(ii) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the Vessel; and
(iii) procure that the Vessel will comply at all times with the ISPS Code;
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Compliance with ISPS Code. procure that the each Approved Technical Manager or any Operator will:
(i) maintain at all times a valid and current ISSC in respect of the its Vessel;
(ii) immediately notify the Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC in respect of the its Vessel; and
(iii) procure that the its Vessel will comply at all times with the ISPS Code;
Appears in 1 contract
