Common use of ISM and ISPS Code compliance Clause in Contracts

ISM and ISPS Code compliance. The Borrower will procure that the Owners and the Approved Manager obtain all necessary ISM Code Documentation and ISPS Code Documentation in connection with the Ships and comply with the ISM Code and the ISPS Code on or before:

Appears in 6 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

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ISM and ISPS Code compliance. The Borrower will procure that the Owners and the Approved Manager obtain all necessary ISM Code Documentation and ISPS Code Documentation in connection with the Ships and comply with the ISM Code and the ISPS Code on or before:before the date of this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

ISM and ISPS Code compliance. The Borrower will procure that the Owners and the Approved Manager obtain all necessary ISM Code Documentation and ISPS Code Documentation in connection with the Ships and comply with the ISM Code and the ISPS Code on or before:Code.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

ISM and ISPS Code compliance. The Borrower will procure that the Owners Owner and the Approved Manager obtain all necessary ISM Code Documentation and ISPS Code Documentation in connection with the Ships Ship and comply with the ISM Code and the ISPS Code on or before:before the date on which the Ship is delivered to the Owner pursuant to the MOA.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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ISM and ISPS Code compliance. The Borrower will procure that the Owners and the Approved Manager obtain all necessary ISM Code Documentation and ISPS Code Documentation in connection with the Ships and comply with the ISM Code and the ISPS Code on or before:before the date on which each Ship is delivered to its Owner pursuant to the MOA relative to that Ship.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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