Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 98 contracts
Samples: Purchase Option Agreement (Exmar Energy Partners LP), Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (DryShips Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 21 contracts
Samples: Memorandum of Agreement (Seanergy Maritime Holdings Corp.), Memorandum of Agreement (Teekay Tankers Ltd.), Memorandum of Agreement (Teekay Tankers Ltd.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 13 contracts
Samples: Memorandum of Agreement (Diana Containerships Inc.), Memorandum of Agreement (Diana Containerships Inc.), Memorandum of Agreement (Capital Product Partners L.P.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than term employment/charters contemplated by the Supplemental Agreement referenced in Clause 25), encumbrances, mortgages and maritime liens or any other debts whatsoever. whatsoever The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. The Vessel on delivery to be delivered free of cargo/cargo residues and free of any dunnage.
Appears in 8 contracts
Samples: Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.), Memorandum of Agreement (Star Maritime Acquisition Corp.)
Encumbrances. The Sellers warrant that the Vesselvessel, at the time of delivery, is free from all charters, encumbrances, mortgages encumbrances and maritime liens or any other debts whatsoever. The Should any claims which have been incurred prior to the time of delivery be made against the vessel, the Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of deliverysuch claims.
Appears in 8 contracts
Samples: Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (DryShips Inc.)
Encumbrances. The Sellers warrant Seller warrants that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against However, the Vessel may be on a charter (voyage or time), and delivery shall not affect the performance of such charter. Should any claims which have been incurred prior to the time of deliverydelivery be made against the Vessel, the Seller hereby undertakes to indemnify the Buyer against all consequence of such claims.
Appears in 8 contracts
Samples: Memorandum of Agreement (Double Hull Tankers, Inc.), Memorandum of Agreement (Double Hull Tankers, Inc.), Memorandum of Agreement (Double Hull Tankers, Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from any/ all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 6 contracts
Samples: Memorandum of Agreement (DryShips Inc.), Confidential Treatment (DryShips Inc.), Memorandum of Agreement (DryShips Inc.)
Encumbrances. The Sellers warrant that the Vessel, Vessel at the time of delivery, is free from all charterscharters (save for the Charter in relation to which the Sellers agree to exercise best endeavours in order that the delivery is undertaken expeditiously, efficiently and with minimum costs and delays to all parties involved) encumbrances, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 5 contracts
Samples: Memorandum of Agreement (Quintana Maritime LTD), Memorandum of Agreement (Quintana Maritime LTD), Memorandum of Agreement (Quintana Maritime LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 4 contracts
Samples: Memorandum of Agreement (Omega Navigation Enterprises, Inc.), Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (Omega Navigation Enterprises, Inc.)
Encumbrances. The Sellers warrant that that, and the Buyers’ obligation to take delivery of the Vessel hereunder are conditional upon, the Vessel, at the time of delivery, is free from all arrests, taxes, detentions, stowaways, claims,charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel and administrative claims and detentions arising from such claims which have been incurred prior to the time of delivery.
Appears in 4 contracts
Samples: Memorandum of Agreement (DryShips Inc.), DryShips Inc., DryShips Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoeverwhatsoever except liens arising under the Time Charter for hire paid in advance. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: Memorandum of Agreement (General Maritime Corp / MI), Memorandum of Agreement (General Maritime Corp / MI), Memorandum of Agreement (General Maritime Corp / MI)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than the Charter and the Time Charter), encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: Dsme Option (Teekay LNG Partners L.P.), Dsme Option (Teekay LNG Partners L.P.), Teekay LNG Partners L.P.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all proven consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than the Charter), encumbrances, mortgages and maritime liens or any other claims or debts whatsoever, and is not subject to Port State or other administrative detentions. In order not to delay delivery of the Vessel The Sellers hereby undertake to indemnify the Buyers against all consequences of any potential claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (DryShips Inc.), Memorandum of Agreement (DryShips Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoeverwhatsover, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Hemen Holding LTD), Loan Agreement (Hemen Holding LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, taxes, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 3 contracts
Samples: www.sec.gov, Memorandum of Agreement (Diana Containerships Inc.), Memorandum of Agreement (Diana Containerships Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other claims or debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of any potential claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Performance Shipping Inc.), Memorandum of Agreement (DryShips Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Baltic Trading LTD), Memorandum of Agreement (General Maritime Ship Holdings LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages Mortgages, taxes and maritime liens or any other debts whatsoever. The Sellers hereby undertake to To indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Cambridge Holdco, Inc.), Memorandum of Agreement (Cambridge Holdco, Inc.)
Encumbrances. The Sellers warrant Seller warrants that the Vessel, at the time of delivery, is shall be free from all chartersencumbrances and liens, encumbrancesmaritime or otherwise, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of Should any claims made against the Vessel which have been incurred prior to the time of deliverydelivery be made against the Vessel, the Seller hereby undertakes to indemnify the Buyer against all such claims.
Appears in 2 contracts
Samples: Memorandum of Agreement (Maritrans Inc /De/), Memorandum of Agreement (Maritrans Inc /De/)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all chartersfrom, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Imperial Petroleum Inc./Marshall Islands), Memorandum of Agreement (Imperial Petroleum Inc./Marshall Islands)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (FreeSeas Inc.), Memorandum of Agreement (FreeSeas Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. Sellers guarantee that to the best of their knowledge the Vessel is not blacklisted by any state, nation, organisation or governmental body.
Appears in 2 contracts
Samples: Memorandum of Agreement (Diana Containerships Inc.), Memorandum of Agreement (Diana Containerships Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from any / all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (DryShips Inc.), DryShips Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all chartersfrom, encumbrances, encumbrances mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Imperial Petroleum Inc./Marshall Islands), Memorandum of Agreement (Imperial Petroleum Inc./Marshall Islands)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts debts, taxes or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Safe Bulkers, Inc.), Memorandum of Agreement (Safe Bulkers, Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (except for the charter to Sun International Limited), encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Arlington Tankers Ltd.), Memorandum of Agreement (Arlington Tankers Ltd.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel Vessel, which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD), Memorandum of Agreement (Genco Shipping & Trading LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, taxes, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Alma Maritime LTD), Memorandum of Agreement (Alma Maritime LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other claims and debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Memorandum of Agreement (Omega Navigation Enterprises, Inc.), Memorandum of Agreement (Omega Navigation Enterprises, Inc.)
Encumbrances. The Sellers warrant Seller warrants that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers Seller hereby undertake undertakes to indemnify the Buyers Buyer against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 2 contracts
Samples: Master Agreement (Pingtan Marine Enterprise Ltd.), Master Agreement (Pingtan Marine Enterprise Ltd.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, free of charge, free of cargo residue with swept-clean holds, free of stowaways, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. Buyers shall take over the Vessel with period Charters attached, please see Clause [illegible].
Appears in 1 contract
Samples: FreeSeas Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens liens, or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from any all charters, encumbrances, mortgages and maritime liens liens, arrests, free of any overdue port state control detentions/deficiencies existing at the time of delivery or any other debts debts/taxes/claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Britannia Bulk PLC
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. Exclusions from this Clause are any claims against time charterers.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, Vessel shall be delivered at the time of delivery, is free from all charters, all encumbrances, mortgages mortgages, and maritime liens or any other debts whatsoeverwhatsoever at the time of delivery. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that each of the VesselVessels, at the time of deliveryclosing, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Rand Logistics, Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all all/any charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. , The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all chartersany charters other than the Existing Charterparty, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State of other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (except the Charter), encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant warrant, as a condition for the payment of the Purchase Price, that the Vessel, at the time of delivery, is free from all charters, claims, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Capital Product Partners L.P.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is (subject to the provisions as set out in Clause 20) -is free from all charters, encumbrances, contracts of affreightment, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.. Furthermore:
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is will be free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is shall be delivered, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoeverwhatsoever at the time of delivery. The Sellers hereby undertake to indemnify idenify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens liens, claims, taxes or any other debts whatsoever. The Sellers hereby undertake to To indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: www.sec.gov
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoeverwhatsoever except for encumbrances, maritime liens or debts arising out of the operations of the Buyers. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers for any claims relating to title of the Vessel and against all consequences of liabilities or claims made arising against the Vessel which have been incurred prior to the time of delivery, whether or not the claims have actually been made at or before the delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than term employment/charters contemplated by the Supplemental Agreement referenced in Clause 25), encumbrances, ______________________________________________ mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. The Vessel on delivery to be delivered free of cargo / cargo residues, and free of any dunnage.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than term employment/charters contemplated by the Supplemental Agreement referenced in Clause 25), encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. The Vessel on delivery to be delivered free of cargo /cargo residues, and free of any dunnage.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, taxes, encumbrances, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Omega Navigation Enterprises, Inc.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, faxes, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Excel Maritime Carriers LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: StealthGas Inc.
Encumbrances. The Sellers warrant that the VesselVessels, at the time of delivery, is will be free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel Vessels which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Great Lakes Dredge & Dock CORP)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, taxes and maritime or other liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: FreeSeas Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, taxes and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and and, maritime liens liens, taxes, claims or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery or arose out of or with respect to events occurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred Incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (General Maritime Corp / MI)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to any Port State, or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery or arising out of or with respect to events occurring prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages Mortgages, maritime and maritime liens or any statutory liens, Taxes, Claims and other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the same time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of any potential claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: DryShips Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, delivery is free from all charters, encumbrances, charters encumbrances mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters except for the Bareboat Charter, the Time Charter dated [x] with [y] and any sub-charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Quintana Maritime LTD
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than term employment/charters contemplated by the Supplemental Agreement referenced in Clause 25), encumbrances, _______________ mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. The Vessel on delivery to be delivered free of cargo / cargo residues, and free of any dunnage.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, charters encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, contracts of affreightment, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Genco Shipping & Trading LTD)
Encumbrances. The Sellers warrant that the Vessel, Vessel shall be delivered at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, and maritime liens or any other debts whatsoeverwhatsoever at the time of delivery. The The. Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or or, any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers sellers warrant that the Vessel, at the time of delivery, physical and legal delivery is free from all chartersmortgages, encumbrances, mortgages encumbrances and maritime liens or any other debts debts/claims, taxes whatsoever. The Should any claims, which have been incurred prior to the time of delivery, be made against the vessel, the Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of deliverysuch claims.
Appears in 1 contract
Samples: Memorandum of Agreement (Diana Containerships Inc.)
Encumbrances. The Sellers warrant that the VesselVessels, at the time of delivery, is shall be free from all chartersencumbrances and liens, encumbrancesmaritime or otherwise, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of Should any claims made against the Vessel which have been incurred prior to the time of deliverydelivery be made against the Vessels, the Sellers hereby undertake to indemnify the Buyer against all such claims.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharter, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all any charters, encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State of other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Seanergy Maritime Holdings Corp.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, taxes and maritime or other liens or any other debts or claims. whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: FreeSeas Inc.
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages mortgages, and maritime liens liens, arrests, detentions, taxes or any other debts whatsoeveror claims whatsoever and free of stowaways. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from any and all charters, encumbrances, mortgages and maritime liens or any other debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (U.S. Shipping Partners L.P.)
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, taxes, mortgages and maritime liens liens, maritime claims and / or any other debts and claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Britannia Bulk PLC
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime mantime liens or any other debts whatsoever. The Sellers sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of deliverydelivery under this Agreement, is free from all charterscharters (save for the Charter referred to in Clause 23), encumbrances, mortgages and maritime liens or any other liens, taxes, debts or claims whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of deliverydelivery from the Sellers to the Buyers.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, free of charge, free of cargo residue with swept-clean holds, free of stowaways, encumbrances, mortgages mortgages, and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, contractual obligations to any third parties (including but not limited to management agreements), encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that they have taken all reasonable steps to ensure that the Vesselvessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which that have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages Taxes, mortgages, and maritime liens or and/or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than the Charter), encumbrances, mortgages and maritime liens or any other claims or debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, 4;a-0er-sr-encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts or liens whatsoever. The Sellers hereby undertake to defend and indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than the Bareboat Charter), encumbrances, mortgages and maritime liens or any other debts whatsoever, and is not subject to Port State or other administrative detentions. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: www.hkexnews.hk
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, contracts of affreightment, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.. Furthermore:
Appears in 1 contract
Samples: Genco Shipping & Trading LTD
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (other than term employment/charters contemplated by the Supplemental Agreement referenced in Clause 25),encumbrances, encumbrances, _________________________________ mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery. The Vessel on delivery to be delivered free of cargo /cargo residues, and free of any dunnage.
Appears in 1 contract
Encumbrances. The Unless otherwise agreed the Sellers warrant that the Vessel, at the time of delivery, is free from all charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Encumbrances. The Sellers warrant that the Vessel, at the time of delivery, is free from all charterscharters (unless time charter under the Pool as per Clause 5), encumbrances, mortgages and maritime liens or any other claims and debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel which have been incurred prior to the time of delivery.
Appears in 1 contract
Samples: Memorandum of Agreement (Omega Navigation Enterprises, Inc.)
Encumbrances. The Sellers warrant that that, and the Buyers' obligation to take delivery of the Vessel hereunder are conditional upon, the Vessel, at the time of delivery, is free from all arrests, taxes, detentions, stowaways, claims, charters, encumbrances, mortgages and maritime liens or any other debts whatsoever. The Sellers hereby undertake to indemnify the Buyers against all consequences of claims made against the Vessel and administrative claims and detentions arising from such claims which have been incurred prior to the time of delivery.
Appears in 1 contract