Evidence of Collateral. Borrower shall indicate on its computer records that each Pledged Mortgage Loan has been included in the Collateral and, at the request of Lender, place on each of its written records pertaining to the Pledged Mortgage Loans a legend, in form and content satisfactory to Lender, indicating that such Pledged Mortgage Loan has been assigned to Lender.
Evidence of Collateral. Owners’ title Evidence that on the First Drawdown Date (i) each Collateral Vessel is registered under its current flag in the ownership of the relevant Collateral Owner and (ii) the Mortgages are registered against the relevant Collateral Vessels with first priority.
Evidence of Collateral. Each Grantor will (i) promptly (upon receipt) deliver to the Secured Party all certificates or instruments representing or constituting its Collateral, if any, and (ii) duly endorse, in blank, each and every certificate or instrument constituting its Collateral, if any, by signing on said certificate or instrument or by signing a separate document of assignment or transfer, as required by the Secured Party. Prior to any of the foregoing deliveries, each Grantor shall hold all such certificates or instruments, if any, in trust for the benefit of the Secured Party.
Evidence of Collateral. Owner's title Certificate of ownership and encumbrance (or equivalent) issued by the Registrar of Ships (or equivalent official) of the Vessel's current flag confirming that the Vessel is owned by the Collateral Owner and free of registered Encumbrances other than the mortgage(s) registered in respect of the Existing Indebtedness together with evidence satisfactory to the Agent that arrangements acceptable to the Agent are agreed in respect of the discharge of the Existing Security granted by or on behalf of the Collateral Owner simultaneously with the advance of the Vessel Tranche in question.
Evidence of Collateral. Owner’s title Certificate of ownership and encumbrance (or equivalent) issued by the Registrar of Ships (or equivalent official) of the flag of Panama confirming that the Collateral Vessel is permanently registered under that flag in the ownership of the Collateral Owner, (b) the Collateral Mortgage has been registered with second priority against the Collateral Vessel and (c) there are no further Encumbrances registered against the Collateral Vessel, other than a first preferred mortgage under the Zeus Loan Agreement.
Evidence of Collateral. Bank shall have received the Collateral and all documents necessary to perfect its security interest therein in form and substance satisfactory to Bank in its sole discretion.
Evidence of Collateral. Vessel’s title Evidence that on the relevant Effective Date in respect of that Collateral Vessel (i) that such Collateral Vessel will be at least provisionally registered under the flag of an Approved Flag State in the ownership of the relevant Collateral Owner and (ii) the New Collateral Mortgage will be registered against that Collateral Vessel with second priority and no other Encumbrance (other than a first preferred mortgage granted in favour of ABN (as security agent) pursuant to the terms and conditions of the Platon Loan Agreement);
Evidence of Collateral. Owner’s title Evidence that any prior registration of the Newbuilding Vessel in the ownership of the Builder and any Encumbrance registered against that ownership have been cancelled (or confirmation from the Builder that there was no such prior registration) and evidence that on the Delivery Date (i) the Newbuilding Vessel will be at least provisionally registered under an Approved Flag in the ownership of the Collateral Owner and (ii) the Mortgage will be capable of being registered against the Newbuilding Vessel with first priority.
Evidence of Collateral. Each Grantor hereby represents and warrants that as of the date hereof, there are no certificates, instruments, documents or other writings (other than the operative documents and certificates representing such Pledged Collateral that have been delivered to the Collateral Agent) which evidence any Pledged Collateral of such Grantor, except to the extent that could not reasonably be expected to have a Material Adverse Effect.
Evidence of Collateral. Owner’s title Evidence that on the Drawdown Date (i) the Collateral Vessel will be at least provisionally registered under the relevant flag in the ownership of the Collateral Owner and (ii) the Mortgage will be capable of being registered against the Collateral Vessel with first priority.
