Common use of ISM and ISPS Compliance Clause in Contracts

ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Documentation in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (as such terms are defined in Section 9 of Article II.

Appears in 5 contracts

Samples: Credit Agreement (Gener8 Maritime, Inc.), First Preferred Ship Mortgage (General Maritime Corp/), First Preferred Ship Mortgage (General Maritime Corp/)

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ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Documentation in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (in all material respects, and has obtained all documentation, including a valid safety management certificate and document of compliance in relation to the Vessel and the manager of the Vessel, respectively, as such terms are defined in Section 9 of Article IImay be required by applicable law.

Appears in 4 contracts

Samples: Credit Agreement (International Seaways, Inc.), Term Loan Credit Agreement (Overseas Shipholding Group Inc), Credit Agreement (Overseas Shipholding Group Inc)

ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Documentation in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (as such terms are defined in Section 9 of Article II).

Appears in 2 contracts

Samples: Credit Agreement (Gener8 Maritime, Inc.), Credit Agreement (Gener8 Maritime, Inc.)

ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Code Documentation (as defined below) in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (as such terms are defined in Section 9 of Article IICode.

Appears in 2 contracts

Samples: Credit Agreement (Gener8 Maritime, Inc.), Credit Agreement (Gener8 Maritime, Inc.)

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ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Documentation in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (as such terms are defined in Section 9 of Article II.)

Appears in 1 contract

Samples: Credit Agreement (Gener8 Maritime, Inc.)

ISM and ISPS Compliance. The Shipowner has obtained all necessary ISM Documentation in connection with the Vessel and is in full compliance with the ISM Code and the ISPS Code (as such terms are defined in Section 9 of Article IICode.

Appears in 1 contract

Samples: Credit Agreement (Gener8 Maritime, Inc.)

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