Documentation of the Vessel Sample Clauses

Documentation of the Vessel. The intended Owner of the Vessel shall be entitled to document the Vessel under the laws of the United States of America with a registry endorsement.
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Documentation of the Vessel. Upon the Delivery Date and thereafter, the Vessel shall be and shall remain documented under the laws of the country specified in the Special Provisions.
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Documentation of the Vessel. Neither the Owner nor the Charterer (without the prior written consent of the other) will do or suffer or permit to be done anything which can or might change or injuriously affect the documentation of the Vessel for foreign trade under the laws and flag of the United States of America. The Charterer covenants and agrees that it will not (a) cause or permit the Vessel to be operated in any manner which could subject the Owner to any criminal penalty, or (b) operate or locate the Vessel, or permit the Vessel to be operated or located, in any area excluded from coverage from any insurance required by the provisions of Article 15 or (c) unless there shall have been an actual or total loss or agreed or compromised total loss of the Vessel, abandon the Vessel in any foreign port. The Owner and the Charterer hereby respectively represent that they are as of the date of execution of this Charter, and covenant that they shall remain during the Charter Period, "citizens of the United States" within the meaning of Section 2 of the Shipping Act, 1916, as amended. The Charterer agrees that the Vessel will be operated solely in the domestic or foreign commerce of the United States. The Charterer shall throughout the Charter Period maintain to the satisfaction of the Owner at the Charterer's sole cost and expense such documentation of the Vessel, and shall not do or suffer or permit to be done anything which can or might change or injuriously affect the documentation of the Vessel for foreign trade under the laws and the flag of the United States or which would result in a violation of any law or regulation of the United States applicable to a vessel owned by a citizen of the United States, as defined in the Shipping Act, 1916.
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Documentation of the Vessel. At or before the time of delivery of the Vessel to the Charterer hereunder on the Delivery Date, the Charterer shall cause the Vessel to be documented for foreign trade in the name of the Owner at the Charterer's sole cost and expense under the laws and the flag of the United States of America. Neither the Owner nor the Charterer (without the prior written consent of the other) will do or suffer or permit to be done anything which can or might change or injuriously affect the documentation of the Vessel for foreign trade under the laws and flag of the United States of America. The Charterer covenants and agrees that it will not (a) cause or permit the Vessel to be operated in any manner which could subject the Owner to any criminal penalty, or (b) operate or locate the Vessel, or permit the Vessel to be operated or located, in any area excluded from coverage from any insurance required by the provisions of Article 15 or (c) unless there shall have been an actual or total loss or agreed or compromised total loss of the Vessel, abandon the Vessel in any foreign port. The Owner and the Charterer hereby respectively represent that they are as of the date of execution of this Charter, and covenant that they shall remain during the Charter Period, "citizens of the United States" within the meaning of Section 2 of the Shipping Act, 1916, as amended. The Charterer agrees that the Vessel will be operated solely in the domestic or foreign commerce of the United States. The Charterer shall throughout the Charter Period maintain to the satisfaction of the Owner at the Charterer's sole cost and expense such documentation of the Vessel, and shall not do or suffer or permit to be done anything which can or might change or injuriously affect the documentation of the Vessel for foreign trade under the laws and the flag of the United States or which would result in a violation of any law or regulation of the United States applicable to a vessel owned by a citizen of the United States, as defined in the Shipping Act, 1916.
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Related to Documentation of the Vessel

  • Appropriate Documentation The Company will have received, in a form and substance reasonably satisfactory to Company, dated the Closing Date, all certificates and other documents, instruments and writings to evidence the fulfillment of the conditions set forth in this Article 6 as the Company may reasonably request.

  • Required Documentation The Company must have delivered to the Investor copies of all resolutions duly adopted by the Board of Directors of the Company, or any such other documentation of the Company approving the Agreement, the Transaction Documents and any of the transactions contemplated hereby or thereby;

  • Other Required Documentation All other documents and legal matters in connection with the transactions contemplated by this Amendment shall have been delivered or executed or recorded and shall be in form and substance satisfactory to Agent.

  • Loan Documentation The documentation (“Loan Documentation”) governing or relating to the material loan and credit-related assets (“Loan Assets”) included in the loan portfolio of the Seller Subsidiaries is legally sufficient for the purposes intended thereby and creates enforceable rights of the Seller Subsidiaries in accordance in all material respects with the terms of such Loan Documentation, subject to applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and other similar laws relating to or affecting the enforcement of creditors’ rights generally, by general equitable principles (regardless of whether enforceability is considered in a proceeding in equity or at law) and by an implied covenant of good faith and fair dealing, except for such insufficiencies as would not have a material adverse effect on Seller. Except as set forth in Section 3.01(j) of the Seller Disclosure Schedule, no debtor under any of the Loan Documentation has asserted as of the date hereof any claim or defense with respect to the subject matter thereof, which claim or defense, if determined adversely to Seller, would have a material adverse effect on Seller. All loans and extensions of credit that have been made by the Seller Subsidiaries comply in all material respects with applicable regulatory limitations and procedures.

  • Replacement Documents Upon receipt of an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of the Note or any other Loan Document which is not of public record, and, in the case of any such mutilation, upon surrender and cancellation of such Note or other Loan Document, Borrower will issue, in lieu thereof, a replacement Note or other Loan Document, dated the date of such lost, stolen, destroyed or mutilated Note or other Loan Document in the same principal amount thereof and otherwise of like tenor.

  • Construction of the Project The Corporation hereby represents that it has caused the Project to be completed and acknowledges that it shall not be entitled to any reimbursement for the cost of construction of the Project from the Authority, the Trustee or the Holders of the Bonds, nor shall it be entitled to any diminution or postponement of the payments required to be paid by the Corporation pursuant to this Participation Agreement or the Corporation Obligations. Section 3.04.

  • Construction Representatives Landlord hereby appoints the following person(s) as Landlord's representative ("Landlord's Representative") to act for Landlord in all matters covered by this Work Letter Agreement: __________________________________. Tenant hereby appoints the following person(s) as Tenant's representative ("Tenant's Representative") to act for Tenant in all matters covered by this Work Letter Agreement: _____________________________. All communications with respect to the matters covered by this Work Letter Agreement shall be made to Landlord's Representative or Tenant's Representative, as the case may be, in writing in compliance with the notice provisions of the Lease. Either party may change its representative under this Work Letter Agreement at any time by written notice to the other party in compliance with the notice provisions of the Lease.

  • Information Security Program (1) DTI shall implement and maintain a comprehensive written information security program applicable to the Personal Information ("Information Security Program") which shall include commercially reasonable measures, including, as appropriate, policies and procedures and technical, physical, and administrative safeguards that are consistent with industry standards, providing for (i) the security and confidentiality of the Personal Information, (ii) protection of the Personal Information against reasonably foreseeable threats or hazards to the security or integrity of the Personal Information, (iii) protection against unauthorized access to or use of or loss or theft of the Personal Information, and (iv) appropriate disposal of the Personal Information. Without limiting the generality of the foregoing, the Information Security Program shall provide for (i) continual assessment and re-assessment of the risks to the security of Personal Information acquired or maintained by DTI and its agents, contractors and subcontractors in connection with the Services, including but not limited to (A) identification of internal and external threats that could result in unauthorized disclosure, alteration or destruction of Personal Information and systems used by DTI and its agents, contractors and subcontractors, (B) assessment of the likelihood and potential damage of such threats, taking into account the sensitivity of such Personal Information, and (C) assessment of the sufficiency of policies, procedures, information systems of DTI and its agents, contractors and subcontractors, and other arrangements in place, to control risks; and (ii) appropriate protection against such risks.

  • Technical Documentation Subject to the terms of this Agreement, BROCADE hereby grants to McDATA a nonexclusive, nontransferable, worldwide license to reproduce and use BROCADE's technical documentation provided to McDATA by BROCADE hereunder, solely for McDATA's internal purposes in connection with the manufacture, marketing and support of the McDATA Products into which the Products are incorporated as set forth herein. Modifications to such technical documentation by McDATA shall require BROCADE's prior written authorization, which authorization will not be unreasonably withheld.

  • Facilities Keep all properties useful or necessary to Borrower's business in good repair and condition, and from time to time make necessary repairs, renewals and replacements thereto so that such properties shall be fully and efficiently preserved and maintained.

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