Common use of Incidental Powers Clause in Contracts

Incidental Powers. Each of the Mortgagees shall be entitled to do all acts and things incidental or conducive to the exercise of any of the rights, powers or remedies possessed by it as mortgagee of the Ship (whether at law, under this Mortgage or otherwise) and in particular (but without prejudice to the generality of the foregoing), upon the Mortgagees becoming entitled to exercise any of their powers under clause 9.1, the Mortgagees shall be entitled to discharge any cargo on board the Ship (whether the same shall belong to the Owner or any other person) and to enter into such other arrangements in respect of the Ship, her insurances, management, maintenance, repair, classification and employment in all respects as if the Mortgagees were the owner of the Ship, but without being responsible for any loss incurred as a result of the Mortgagees or any of them doing or omitting to do any such acts or things as aforesaid.

Incidental Powers. Each of the Mortgagees Mortgagee shall be entitled to do all acts and things incidental or conducive to the exercise of any of the rights, powers or remedies possessed by it as mortgagee of the Ship (whether at law, under this Mortgage Deed or otherwise) and in particular (but without prejudice to the generality of the foregoing), ) upon the Mortgagees becoming entitled to exercise any of their powers under clause 9.19 of the Mortgage, the Mortgagees shall be entitled to discharge any cargo on board the Ship (whether the same shall belong to the Owner or any other person) and to enter into such other arrangements in respect of respecting the Ship, her the insurances, management, maintenance, repair, classification and employment in all respects as if the Mortgagees were the owner of the Ship, but without being responsible for any loss incurred as a result of the Mortgagees or any of them doing or omitting to do any such acts or things as aforesaid.

Incidental Powers. Each of the Mortgagees The Mortgagee shall be entitled to do all acts and things incidental or conducive to the exercise of any of the rights, powers or remedies possessed by it as mortgagee of the Ship (whether at law, under this Mortgage or otherwise) and in particular (but without prejudice to the generality of the foregoing), upon the Mortgagees becoming entitled to exercise any of their its powers under clause 9.17.1, the Mortgagees Mortgagee shall (subject to the First Mortgage Documents) be entitled to discharge any cargo on board the Ship (whether the same shall belong to the Owner or any other person) and to enter into such other arrangements in respect of the Ship, her insurances, management, maintenance, repair, classification and employment in all respects as if the Mortgagees were Mortgagee was the owner of the Ship, but without being responsible for any loss incurred as a result of the Mortgagees or any of them Mortgagee doing or omitting to do any such acts or things as aforesaid.

Incidental Powers. Each of the Mortgagees The Mortgagee shall be entitled to do all acts and things incidental or conducive to the exercise of any of the rights, powers or remedies possessed by it as mortgagee of the Ship (whether at law, under this Mortgage Deed or otherwise) and in particular (but without prejudice to the generality of the foregoing), ) upon the Mortgagees becoming entitled to exercise any of their its powers under clause 9.17.1 of the Mortgage, the Mortgagees Mortgagee shall (subject to the rights of the Mortgagee under the First Security Documents) be entitled to discharge any cargo on board the Ship (whether the same shall belong to the Owner or any other person) and to enter into such other arrangements in respect of respecting the Ship, her the insurances, management, maintenance, repair, classification and employment in all respects as if the Mortgagees were Mortgagee was the owner of the Ship, but without being responsible for any loss incurred as a result of the Mortgagees or any of them Mortgagee doing or omitting to do any such acts or things as aforesaid.

Incidental Powers. Each of the Mortgagees The Mortgagee shall be entitled to do all acts and things incidental or conducive to the exercise of any of the rights, powers or remedies possessed by it as mortgagee of the Ship (whether at law, under the Mortgage and/or this Mortgage Deed or otherwise) and in particular (but without prejudice to the generality of the foregoing), upon the Mortgagees Mortgagee becoming entitled to exercise any of their its powers under clause 9.112.1, the Mortgagees Mortgagee shall be entitled to discharge any cargo on board the Ship (whether the same shall shaft belong to the Owner or any other person) and to enter into such other arrangements in respect of the Ship, her insurances, management, maintenance, repair, classification and employment in all respects as if the Mortgagees Mortgagee were the owner of the Ship, but without being responsible for any loss incurred as a result of the Mortgagees or any of them Mortgagee doing or omitting to do any such acts or things as aforesaid.