Common use of Encumbrances, etc Clause in Contracts

Encumbrances, etc. The Sellers shall deliver to the Buyers the Vessel free from all debts, encumbrances, mortgages and maritime liens. The Sellers hereby undertake to indemnify the Buyers against all claims of whatever nature made against the Vessel in respect of liabilities incurred prior to the time of delivery.

Appears in 2 contracts

Samples: Memorandum of Agreement (International Shipholding Corp), Memorandum of Agreement (International Shipholding Corp)

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Encumbrances, etc. The Sellers shall deliver to the Buyers the Vessel free from all debts, encumbrances, mortgages encumbrances and maritime liens. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims of whatever nature made against the Vessel in respect of liabilities incurred prior to the time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement

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Encumbrances, etc. The Sellers shall deliver to the Buyers the The Vessel shall be delivered free from all debts, mortgages, encumbrances, mortgages and maritime liensliens or any other debts or claims whatsoever at the time of delivery. The Sellers hereby undertake to indemnify the Buyers against all claims of whatever nature made against the Vessel in respect of liabilities incurred prior to the time of delivery.

Appears in 1 contract

Samples: Memorandum of Agreement (FreeSeas Inc.)

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