Common use of Covenant to pay expenses etc Clause in Contracts

Covenant to pay expenses etc. The Owner shall pay all such expenses, claims, liabilities, losses, costs, duties, fees, charges or other moneys as are stated in this Mortgage to be payable by the Owner to or recoverable from the Owner by the Mortgagee (or in respect of which the Owner agrees in this Mortgage to indemnify the Mortgagee) at the times and in the manner specified in this Mortgage.

Appears in 7 contracts

Samples: Supplemental Agreement (TBS International PLC), Supplemental Agreement (TBS International PLC), Mortgage Agreement (Knightsbridge Tankers LTD)

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Covenant to pay expenses etc. The that the Owner shall will pay all such expenses, claims, liabilities, losses, costs, duties, fees, charges or other moneys as are stated in this Mortgage to be payable by the Owner to or recoverable from the Owner by the Mortgagee (or in respect of which the Owner agrees in this Mortgage to indemnify the Mortgagee) at the times time and in the manner specified in this Mortgage.; and

Appears in 1 contract

Samples: First Preferred Ship Mortgage (FreeSeas Inc.)

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