Common use of Employment of Ship Clause in Contracts

Employment of Ship. procure that each Owner does not employ its Ship or suffer its Ship to be employed otherwise than in conformity with the terms of the Insurances (including any warranties express or implied therein) without first obtaining the consent of the relevant insurers to such employment and complying with such requirements as to extra premium or otherwise as the insurers may prescribe;

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

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Employment of Ship. procure that each the Owner does not employ its the Ship or suffer its the Ship to be employed otherwise than in conformity with the terms of the Insurances (including any warranties express or implied therein) without first obtaining the consent of the relevant insurers to such employment and complying with such requirements as to extra premium or otherwise as the insurers may prescribe;; and

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

Employment of Ship. procure that each Owner does not employ its Ship or suffer its Ship to be employed otherwise than in conformity with the terms of the Insurances (including any warranties express or implied therein) without first obtaining the consent of the relevant insurers to such employment and complying with such requirements as to extra premium or otherwise as the insurers may prescribe;; and

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

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Employment of Ship. procure that each the Owner does not employ its the Ship or suffer its the Ship to be employed otherwise than in conformity with the terms of the Insurances (including any warranties express or implied therein) without first obtaining the consent of the relevant insurers to such employment and complying with such requirements as to extra premium or otherwise as the insurers may prescribe;

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

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