Common use of EMPLOYMENT OF SHIPS Clause in Contracts

EMPLOYMENT OF SHIPS. No Shipowner shall knowingly or recklessly employ its Mortgaged Ship or suffer her employment in any trade or business which is forbidden by any applicable law or is otherwise illicit or in carrying illicit or prohibited goods or in any manner whatsoever which may render her liable to condemnation in a prize court or to destruction, seizure or confiscation or that may expose such Ship to penalties or sanctions.