Common use of Concerning the Vessels Clause in Contracts

Concerning the Vessels. The name, registered owner, official number, and jurisdiction of registration and flag of each Mortgaged Vessel is set forth on Schedule III. Each Mortgaged Vessel is and will be operated in compliance with all applicable law, rules and regulations, except such noncompliance as could not be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Oaktree Capital Management Lp), Credit Agreement (General Maritime Corp / MI)

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Concerning the Vessels. The name, registered owner, official number, and jurisdiction of registration and flag of each Mortgaged Vessel is set forth on Schedule III. Each Mortgaged Vessel is and will be operated in material compliance with all applicable law, rules and regulations, except such noncompliance as could not be reasonably expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (General Maritime Corp/), Credit Agreement (General Maritime Corp/)

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Concerning the Vessels. The name, registered owner, official number, and jurisdiction of registration and flag of each Mortgaged Vessel as of the Effective Date is set forth on Schedule III. Each Mortgaged Vessel is and will be operated in material compliance with all applicable law, rules and regulations, except such noncompliance as could not be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Todco)

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