Common use of Flag, name and registry Clause in Contracts

Flag, name and registry. The Borrower shall procure that each Vessel is registered in a Approved Ship Register, or another ship registry acceptable to the Lenders, in the name of the Borrower, keep each Vessel registered in such register and not do or suffer to be done anything, or omit to do anything the doing or omission of which could or might result in such registration being forfeited or imperilled. The Borrower shall not change the flag, name or registry of a Vessel, or register a Vessel simultaneously in more than one registry, without the prior written consent of the Lenders.

Flag, name and registry. The Borrower Borrowers shall procure that each Vessel is registered in a Approved Ship Register, or another ship registry acceptable to the Lenders, in the name of the relevant Borrower, keep each Vessel registered in such register and not do or suffer to be done anything, or omit to do anything the doing or omission of which could or might result in such registration being forfeited or imperilled. The No Borrower shall not change the flag, name or registry of a Vessel, or register a Vessel simultaneously in more than one registry, without the prior written consent of the Lenders.

Flag, name and registry. The Borrower Borrowers shall procure that each Vessel is registered in a an Approved Ship Register, or another ship registry acceptable to the Lenders, in the name of the relevant Borrower, keep each Vessel registered in such register and not do or suffer to be done anything, or omit to do anything the doing or omission of which could or might result in such registration being forfeited or imperilled. The No Borrower shall not change the flag, name or registry of a Vessel, or register a Vessel simultaneously in more than one registry, without the prior written consent of the Lenders.