Common use of ISM Code and ISPS Code compliance Clause in Contracts

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been complied with.

Appears in 22 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Agreement (Diana Shipping Inc.)

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ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships Ship have been complied with.

Appears in 15 contracts

Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Agreement (Navios Maritime Acquisition CORP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager Managers and the Ships have been complied with.

Appears in 9 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Corporate Guarantor, the Approved Manager and the Ships have been complied with.

Appears in 7 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owners, the Approved Manager and the Ships have been complied with.

Appears in 6 contracts

Samples: Loan Agreement (Navios Maritime Acquisition Corp), Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owner, the Approved Manager and the Ships Ship have been complied with.

Appears in 5 contracts

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

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Ship Owning Borrowers, the Approved Manager and the Ships each Ship have been complied with.

Appears in 4 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the each Owner, each Approved Manager and the Ships each Ship have been complied with.

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Corporate Guarantor, the Approved Manager Managers and the Ships have been complied with.

Appears in 3 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Castor Maritime Inc.), Loan Agreement (Castor Maritime Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrowers (or any of their Affiliates), the Approved Manager Technical Manager, any Charterers and the Ships Vessels have been complied with.

Appears in 3 contracts

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersit, the Approved Manager Managers, the Charterers and the Ships Vessels have been complied withwith in all material respects.

Appears in 3 contracts

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owners, the Approved Manager and the Ships have been been, or will be, complied withwith at the time of the Drawdown Date.

Appears in 3 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC), Loan Agreement (Britannia Bulk Holdings Inc)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager Parent Guarantor, the Managers and the Ships Vessels have been complied withwith in all material respects.

Appears in 2 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, any Owner, the Approved Manager Manager, Xxxx Xxxx and the Ships any Ship have been complied with.

Appears in 2 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships Ship have been complied withwith or shall be complied with as from the delivery of the Ship to the Borrower under the Shipbuilding Contract.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersa Borrower, the Approved Manager and a Ship shall be complied on or prior to the Ships have been complied withDelivery Date of that Ship.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersit, the Approved Manager Managers, the Charterers (if any) and the Ships Vessels have been complied withwith in all material respects.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersany Obligor, the Approved Technical Manager and the Ships Vessel have been complied withwith in all respects.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager Managers and the Ships Ship have been complied with.

Appears in 2 contracts

Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersany Guarantor, the any Approved Manager and the Ships any Ship have been complied with.

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersCorporate Guarantor, the Approved Manager and the Ships Ship have been complied with.

Appears in 2 contracts

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

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowerseach Guarantor, the Approved Manager and the Ships each Ship have been complied with.

Appears in 2 contracts

Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersShipowners, the Approved Manager Manager, each Bareboat Charterer and the Ships each Ship have been complied with.

Appears in 2 contracts

Samples: Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, each Owner, the Approved Manager and the Ships Ship have been complied with.

Appears in 2 contracts

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

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, any Owner, the Approved Manager Manager, ZIM and the Ships any Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersany Obligor, the Approved Manager and the Ships Managers and/or any Vessel have been complied withwith in all material respects.

Appears in 1 contract

Samples: Facility Agreement (Flex LNG Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, each Owner the Approved Manager and the Ships have been been, or will be, complied withwith at the time of the Drawdown Date relating to each Ship.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower (or any of their Affiliates), the Approved Manager Technical Manager, any Charterers and the Ships Vessel have been complied with.

Appears in 1 contract

Samples: October 2015 (DHT Holdings, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersObligors, the Approved Manager each of their affiliated companies and the Ships Managers have been complied with.

Appears in 1 contract

Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been complied withwith or, in the case of Ship B will be complied with on or before the Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the any Owner, any Approved Manager and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS 1SPS Code as they relate to the BorrowersBorrower, the Owners, the Approved Manager and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager Managers and the Ships Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships Financed Ship will on or prior to the Drawdown Date applicable to Tranche A have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, Pasha Finance, the Approved Manager and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

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ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owner, each Approved Manager and the Ships Ship have been complied with.

Appears in 1 contract

Samples: Agreement (Capital Product Partners L.P.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowersany Obligor, the Approved Manager and the Ships have been been, or will be, complied withwith at the time of the Drawdown Date relating to each Ship.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersLoan Parties, the Approved Manager Managers and the Ships Vessels have been complied withwith in all material respects.

Appears in 1 contract

Samples: Second Amendment and Restatement Agreement (Gulfmark Offshore Inc)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owners, the Approved Manager Managers and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships each Ship have been complied with.

Appears in 1 contract

Samples: Agreement (Diana Shipping Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager Managers and the Ships Vessels have been complied withwith in all material respects.

Appears in 1 contract

Samples: General Geophysics Co

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrowers (or any of their Affiliates), the Approved Manager and the Ships Vessels have been complied with.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersOwning Company, the Approved Manager Company, any technical manager of the Vessel and the Ships Vessel have been complied withwith in all material respects.

Appears in 1 contract

Samples: B Plus H Ocean Carriers LTD

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships each Ship have been complied with.

Appears in 1 contract

Samples: Agreement (TBS International LTD)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Owners, an Approved Manager and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowerseach Borrower, the Approved Manager and the Ships each Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, any Owner, the Approved Manager and the Ships any Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships FSOs have been complied with.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Corporate Guarantor, the Approved Manager and the Ships Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager Guarantor and the Ships have been complied with.. 10.16

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

ISM Code and ISPS Code compliance. All requirements of The Borrowers, the Approved Managers and the Third Party Managers have obtained all necessary ISM Code Documentation and ISPS Code Documentation in connection with each Ship and are in full compliance with the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been complied withCode.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowerseach Owner, the Approved Manager and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager Manager, the Bareboat Charterer and the Ships have been complied with.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships Vessel have been complied with.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, either Owner, the Approved Manager and the Ships either Ship have been complied with.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to a Borrower, the BorrowersNew Owner, the Approved Manager and the Ships a Ship shall be or have been complied withon or prior to the Delivery Date of that Ship.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowerseach Vessel Owner, the Approved Technical Manager and the Ships each Collateral Vessel have been complied withwith in all material respects.

Appears in 1 contract

Samples: Note Purchase Agreement (Global Ship Lease, Inc.)

ISM Code and ISPS Code compliance. All requirements of the ISM Code and the ISPS Code as they relate to the BorrowersBorrower, the Approved Manager and the Ships have been been, or will be, complied withwith at the time of the Drawdown Date relating to each Ship.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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