ISM Code, ISPS Code and Marpol Compliance Sample Clauses
The ISM Code, ISPS Code, and MARPOL Compliance clause requires that vessels and their operators adhere to international safety, security, and environmental standards as set out by the International Safety Management (ISM) Code, International Ship and Port Facility Security (ISPS) Code, and the International Convention for the Prevention of Pollution from Ships (MARPOL). In practice, this means the shipowner must ensure the vessel is properly certified, maintains up-to-date documentation, and implements procedures to prevent pollution and enhance security. The core function of this clause is to ensure that all parties meet mandatory international regulations, thereby reducing legal and operational risks related to safety, security, and environmental protection.
ISM Code, ISPS Code and Marpol Compliance. From the applicable Drawdown Date, all requirements of the ISM Code, the ISPS Code, Marpol and any other applicable international maritime safety regulation relevant to the operation and maintenance of each Collateral Vessel have been complied with.
ISM Code, ISPS Code and Marpol Compliance. The Shipowner is in compliance with the ISM Code, the ISPS Code and MARPOL in all material respects, and has obtained all documentation, including, without limitation, maintenance and renewal of a valid safety management certificate and document of compliance in relation to the Vessel and the manager of the Vessel, respectively, as may be required by applicable law.