Common use of Copies of certificates of entry; letters of undertaking Clause in Contracts

Copies of certificates of entry; letters of undertaking. The Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee with: (a) a certified copy of the certificate of entry for that Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security Trustee; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s protection and indemnity association, a certified copy of each United Sates of America voyage quarterly declaration (or other similar document or documents) made by the Owner in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable).

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)

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Copies of certificates of entry; letters of undertaking. The Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee Lender with: (a) a certified copy of the certificate of entry for that Shipthe Ship owned by it; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security TrusteeLender; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s that Borrower's protection and indemnity association, a certified copy of each United Sates States of America voyage quarterly declaration (or other similar document or documents) made by the relevant Owner in relation to the Ship owned by it in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that the Ship (if applicable)owned by it.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Copies of certificates of entry; letters of undertaking. The Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee Lender with: (a) a certified copy of the certificate of entry for that Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security TrusteeLender; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s that Borrower's protection and indemnity association, a certified copy of each United Sates States of America voyage quarterly declaration (or other similar document or documents) made by that Owner in relation to the Owner Ship owned by it in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable)Ship.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Copies of certificates of entry; letters of undertaking. The Borrower shall or shall procure that each the Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee Lender with: (a) a certified copy of the certificate of entry for that the Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security TrusteeLender; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s that Borrower's protection and indemnity association, a certified copy of each United Sates States of America voyage quarterly declaration (or other similar document or documents) made by the Owner in relation to the Ship in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable)Ship.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Copies of certificates of entry; letters of undertaking. The Each Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee with: (a) a certified copy of the certificate of entry for that Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security Trustee; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s a Borrower's protection and indemnity association, a certified copy of each United Sates of America voyage quarterly declaration (or other similar document or documents) made by the Owner that Borrower in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable).

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Management Inc.)

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Copies of certificates of entry; letters of undertaking. The Each Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee with: (a) a certified copy of the certificate of entry for that Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security Trustee; (c) where required to be issued under the terms of insurance/indemnity provided by the Ownera Borrower’s protection and indemnity association, a certified copy of each United Sates States of America voyage quarterly declaration (or other similar document or documents) made by the Owner that Borrower in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable).

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Copies of certificates of entry; letters of undertaking. The Each Borrower shall or shall procure that each Owner shall ensure that any protection and indemnity and/or war risks associations in which the Ship owned by it is entered provides the Security Trustee with: (a) a certified copy of the certificate of entry for that Ship; (b) original(s) of a letter or letters of undertaking in such form as may be required by the Security Trustee; (c) where required to be issued under the terms of insurance/indemnity provided by the Owner’s a Borrower's protection and indemnity association, a certified copy of each United Sates of America voyage quarterly declaration (or other similar document or documents) made by the Owner that Borrower in accordance with the requirements of such protections and indemnity association; and (d) a certified copy of each certificate of financial responsibility for pollution by oil or other Environmentally Sensitive Material issued by the relevant certifying authority in relation to that Ship (if applicable).

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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