ISPS. (a) (i) From the date of coming into force of the International Code for the Security of Ships and of Port Facilities and the relevant amendments to Chapter XI of SOLAS (ISPS Code) in relation to the Vessel and thereafter during the currency of this charter, the Owners shall procure that both the Vessel and “the Company” (as defined by the ISPS Code) shall comply with the requirements of the ISPS Code relating to the Vessel and the Company. Upon request the Owners shall provide a copy of the relevant International Ship Security Certificate (or the Interim International Ship Security Certificate) to the Charterers. The Owners shall provide the Charterers with the full style contact details of the Company Security Officer (CSO).
ISPS. 1. The following applies to all deliveries:
a. Seller shall procure that the Vessel complies with the requirements of the International Code for the Security of Ships and of Port Facilities and the relevant amendments to Chapter XI of SOLAS (“ISPS Code”);
b. the Vessel shall when required submit a Declaration of Security (“DoS”) to the appropriate authorities prior to arrival at the discharge port.
2. Notwithstanding any prior acceptance of the Vessel by the Storage Facility, if at any time prior to the arrival of the Vessel at the Storage Facility the Vessel ceases to comply with the requirements of the ISPS Code:
a. COVA shall have the right not to berth such nominated Xxxxxx at the discharge port and any demurrage resulting shall not be for the account of COVA;
b. Seller shall be obliged to substitute such nominated Vessel with a Vessel complying with the requirements of the ISPS Code. If title and risk to the cargo on board the Vessel subsequently substituted pursuant to 3. b) has already passed to COVA, such title and risk shall be deemed to have been reverted to the Seller.
3. COVA shall procure that the jetty used by the Storage Facility shall comply with the requirements of the ISPS Code or equivalent. Any costs or expenses in respect of the vessel including demurrage or any additional charge, fee or duty levied on the vessel at the discharge port/terminal/installation and actually incurred by Seller resulting directly from the failure of the discharge port/terminal/installation to comply with the ISPS Code shall be for the account of COVA, including but not limited to the time required or costs incurred by the vessel in taking any action or any special or additional security measures required by the ISPS Code. Save where the vessel has failed to comply with the requirements of the ISPS Code, COVA shall be responsible for any demurrage actually incurred by Seller arising from delay to the vessel at the discharge port/terminal/installation resulting directly from the vessel being required by the terminal operator, the port authority or any relevant authority to take any action or any special or additional security measures or undergo additional inspections by virtue of the vessel's previous ports of call. COVA’s liability to the Seller under this Agreement for any costs, losses or expenses incurred by the Vessel, the charterers or the Vessel’s owners resulting from the failure of the jetty used by the Storage Facility to comply with the ISPS Code sh...
ISPS. (a) evidence satisfactory to the Bank that the Additional Ship is subject to a ship security plan which complies with the ISPS Code; and
(b) a copy, certified (in a certificate dated no earlier than five (5) Banking Days prior to the Drawdown Date of the Relevant Advance) as a true and complete copy by an officer of the Additional Owner of either (a) the ISSC or (b) an application for the issuance of the ISSC and the continuous synopsis record (as described in the ISPS Code) for the Additional Ship;
ISPS. (a) evidence satisfactory to the Bank that each Initial Ship (other than Free Jupiter) is subject to a ship security plan which complies with the ISPS Code; and
(b) a copy, certified (in a certificate dated no earlier than five (5) Banking Days prior to the first Drawdown Date) as a true and complete copy by an officer of the Borrower of the ISSC and the continuous synopsis record (as described in the ISPS Code) for each Initial Ship (other than Free Jupiter);
ISPS. The LESO shall provide written notice to the Company of the identity of any entity with which the LESO enters into an ISP arrangement no less than five (5) days prior to the commencement of the provision of Services by such entity as an ISP. Following such notice, the Company shall allocate an ISP code to any such entity within five (5) days, provided that the LESO and such entity meet the Requirements specified in the ISP Mandatory Procedural Requirements set forth in Annex D hereof. The Company may publish the name of any ISP or the relationship of any ISP with the LESO unless the LESO instructs the Company in writing not to publish such information; provided, however, that the Company may in all cases disclose such information in connection with fraud prevention activities. The LESO shall promptly notify the Company of any change to the details of the ISP. Where the LESO fails to so notify the Company, upon notification by the ISP to the Company of any change to its details, the Company may publish such new details, provided it gives to the LESO five (5) days prior written notice.
ISPS. (a) evidence satisfactory to the Bank that Free Jupiter is subject to a ship security plan which complies with the ISPS Code; and
(b) a copy, certified (in a certificate dated no earlier than five (5) Banking Days prior to the Drawdown Date of the second Advance to be drawn down under the Initial Tranche) as a true and complete copy by an officer of the Borrower of the ISSC and the continuous synopsis record (as described in the ISPS Code) for Free Jupiter;
ISPS. International Ship and Port Facility Security Code: set of measures designed to enhance the security of ships and port facilities.
ISPS. The LESO shall provide written notice to the Company of the identity of any entity with which the LESO enters into an ISP arrangement no less than five (5) days prior to the commencement of the provision of Services by such entity as an ISP. Following such notice, the Company shall allocate an ISP code to any such entity within five (5) days, provided that the LESO and such entity meet the Requirements specified in the ISP Mandatory Procedural Requirements set forth in Annex D hereof. The Company may publish the name of any ISP or the relationship of any ISP with the LESO unless the LESO instructs the Company in writing not to publish such information; provided, however, that the Company may in all cases disclose such information in connection with fraud prevention activities.
ISPS. (a) The Buyer will indemnify the Seller in respect of any costs, expenses and/or liabilities (including demurrage) incurred or to which the Seller is exposed by reason of the Discharge Port failing to comply with any obligations under the International Ship and Port Facility Security Code, Chapter XI-2 of the SOLAS, the Maritime Transport Security Act 2003 (Cth), Maritime Transport Security Regulations 2003 (Cth), legislation superseding them, or similar legislation in any country.
(b) The Seller will indemnify the Buyer in respect of any costs, expenses and/or liabilities (including demurrage) incurred or to which the Buyer is exposed by reason of the Load Port or Vessel failing to comply with any obligations under the International Ship and Port Facility Security Code, Chapter XI-2 of the SOLAS, the Maritime Transport Security Act 2003 (Cth), Maritime Transport Security Regulations 2003 (Cth), legislation superseding them, or similar legislation in any country.
ISPS. (a) The Seller will indemnify the Buyer in respect of any costs, expenses and/or liabilities (including demurrage) incurred or to which the Buyer is exposed by reason of the Loading Port failing to comply with any obligations under the International Ship and Port Facility Security Code, Chapter XI-2 of the SOLAS, the Maritime Transport Security Act 2003 (Cth), Maritime Transport Security Regulations 2003 (Cth), legislation superseding them, or similar legislation in any country.
(b) The Buyer will indemnify the Seller in respect of any costs, expenses and/or liabilities (including demurrage) incurred or to which the Seller is exposed by reason of the Discharge Port or Vessel failing to comply with any obligations under the International Ship and Port Facility Security Code, Chapter XI-2 of the SOLAS, the Maritime Transport Security Act 2003 (Cth), Maritime Transport Security Regulations 2003 (Cth), legislation superseding them, or similar legislation in any country. TABLE B Vessel Nomination Requirements: Vessel name Load port (s) Discharge port (s) Contracted cargo Expected tonnage Laycan ETA load port ETA discharge port Built Flag Draft (metres) Airdraft (metres) Length over all (metres) Beam (metres) DWT Holds/Hatches Hatch sizes Gear Demurrage/Despatch rate ISM certificate date Vetting (Rightships star rating) ATTACHMENT 5 VESSEL NOMINATION FORM VESSEL DETAILS Name Nomination Date: Owner: Subs close: FLAG: DWT: DRAFT: LOA: YEAR: BEAM: Holds/Hatches: GEAR: VESSEL ITINERARY
