Common use of ISM and ISPS Code Clause in Contracts

ISM and ISPS Code. the Borrower and the Owners have complied with and continue to comply with and have procured that the Managers of the Ships have complied with and continue to comply with the ISM Code, the ISPS Code and all other statutory and other requirements relative to their business and in particular they or the Managers have obtained and maintains a valid DOC and SMC for the Ships and that they and the Managers have implemented and continue to implement an ISM SMS;

ISM and ISPS Code. the Borrower and the Owners have has complied with and continue continues to comply with and have has procured that the Managers Manager of the Ships have Vessel has complied with and continue continues to comply with the ISM Code, the ISPS Code and all other statutory and other requirements relative to their business and in particular they the Borrower or the Managers Manager have obtained and maintains maintain a valid DOC DOC, IAPP Certificate, EIAPP Certificate (if applicable) and SMC for the Ships Vessel and that they the Borrower and the Managers Manager have implemented and continue to implement an ISM SMS;

ISM and ISPS Code. the Borrower and the Owners have complied with and continue to comply with and have procured that the Managers Manager of the Ships have Vessels has complied with and continue continues to comply with the ISM Code, the ISPS Code and all other statutory and other requirements relative to their business and in particular they or the Managers Manager have obtained and maintains maintain a valid DOC DOC, IAPP Certificate, EIAPP Certificate (if applicable) and SMC for the Ships Vessels and that they and the Managers Manager have implemented and continue to implement an ISM SMS;