ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall: (a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and (b) maintain for that Ship an ISSC; and (c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 22 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 10 contracts
Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 6 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 6 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 6 contracts
Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 5 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
ISPS Code. Each Borrower Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 4 contracts
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Scorpio Tankers Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 4 contracts
Samples: Loan Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 4 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (GasLog Ltd.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 4 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Box Ships Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 22.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 3 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately promptly in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)
ISPS Code. Each Borrower shall comply comply, and procure that the Approved Manager complies, with the ISPS Code and in particular, without limitation, shall:
(a) procure that the each Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code Approved Manager comply with the ISPS Code; and;
(b) maintain for that each Ship an ISM SMS and an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or material modification of the ISSC.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
ISPS Code. Each The Borrower shall comply procure that each Owner complies with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 3 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Deed of Amendment and Restatement (Capital Product Partners L.P.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately promptly in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Dynagas LNG Partners LP), Loan Agreement
ISPS Code. Each Without limiting paragraph (a) of Clause 25.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
ISPS Code. Each Without limiting paragraph (a) of Clause 23.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)
ISPS Code. Each Borrower The Borrowers shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the each Ship owned by it and the company responsible for that each Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that each Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
ISPS Code. Each The Borrower shall comply procure compliance, in relation to the Vessel, with the ISPS Code or any replacement of the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it Vessel and the company responsible for that Shipthe Vessel’s compliance with the ISPS Code comply complies with the ISPS Code; and;
(b) maintain for that Ship the Vessel an ISSC; and
(c) notify the Agent immediately in writing upon becoming aware of same of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC for the Vessel.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply complies with the ISPS Code; and
(b) use all reasonable endeavours to procure that the company responsible for the compliance of the Ship owned by it with the ISPS Code complies with the ISPS Code; and
(c) maintain for that the Ship owned by it an ISSC; and
(cd) notify the Agent immediately in writing after becoming aware of any actual or threatened withdrawal, suspension, cancellation or modification of the relevant ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Amending and Restating Agreement (Seacastle Inc.)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Owner and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
ISPS Code. Each compliance The Borrower shall will and will procure that the Managers will:
(a) for the duration of the Facility Period comply with the ISPS Code in relation to the Vessel and in particular, without limitation, shall:
(a) procure that the Ship owned by it Vessel and the company responsible for that Ship’s compliance with the ISPS Code Company comply with the ISPS Code; and;
(b) maintain a valid and current ISSC for that Ship an ISSCthe Vessel throughout the Facility Period and provide a copy to the Agent; and
(c) immediately notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Secured Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (DHT Holdings, Inc.)
ISPS Code. Each Borrower Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Owner and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Product Shipping Ltd.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an and ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code Code, comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
ISPS Code. Each The Borrower shall procure that each Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
ISPS Code. Each The Borrower shall, and shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it Manager shall, at all times comply and the company be responsible for that Ship’s compliance by itself and by the Vessel with the ISPS Code comply with mandatory requirements of the ISPS Code; and
, and ensure that the Vessel has a valid International Ship Security Certificate (b) maintain for that Ship an ISSC; and
(c) notify as defined in the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISPS Code).
Appears in 2 contracts
Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Owner and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
ISPS Code. Each Borrower shall comply Without limiting paragraph (a) of Clause 23.10 (Compliance with laws etc.), the ISPS Code and in particular, without limitation, Borrowers shall:
(a) procure that the each Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCeach Ship; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship owned by it an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the such ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
ISPS Code. Each The Borrower shall procure that each Owner shall (in the case of the Ship owned by it) comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Britannia Bulk PLC), Loan Agreement (Britannia Bulk Holdings Inc)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship owned by it an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Quintana Shipping Ltd.)
ISPS Code. Each The Borrower shall comply with with, or ensure compliance by the Owner of, the ISPS Code and in particular, without limitation, shall:
(a) procure that the each Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 2 contracts
Samples: Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
ISPS Code. Each The Borrower shall procure that each Corporate Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall comply procure that each Owner and the Approved Manager complies with the ISPS Code and in particular, without limitation, shall:
(a) procure that the each Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain for that each Ship an ISM SMS and an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or material modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term Loan Facility (Seanergy Maritime Holdings Corp.)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.10 (Compliance with laws etc.), the Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it Vessel and the company responsible for that Ship’s the Vessel's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCthe Vessel; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall comply procure that the Owner complies with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 24.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 24.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code Code, comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
ISPS Code. Each Borrower The Borrowers shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the a Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code Code, comply with the ISPS Code; and
(b) maintain for that each Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.)
ISPS Code. Each Without limiting paragraph (a) of Clause 22.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term Loan Facility (Navios South American Logistics Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
ISPS Code. Each Without limiting paragraph (a) of Clause 26.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 25.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship Vessel owned by it and the company responsible for that ShipVessel’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCVessel; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Corporate Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Toro Corp.)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.10 (Compliance with laws etc.), the Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it Vessel and the company responsible for that Shipthe Vessel’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCthe Vessel; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC in respect of any Ship.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
ISPS Code. Each The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.. 15 SECURITY COVER
Appears in 1 contract
Samples: Amending and Restating Agreement (GasLog Partners LP)
ISPS Code. Each The relevant Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that such Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower The Borrowers shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the a Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code Code, comply with the ISPS Code; and
(b) maintain for that each Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
ISPS Code. Each The Borrower shall procure that each Owner shall (in the case of the Ship or Ships (as the case may be) owned by it) comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each compliance The Borrower shall comply with the ISPS Code and in particular, without limitation, shall:will:-
(a) procure that the Ship owned by it Vessel and the company Company responsible for that Ship’s the Vessel's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Vessel throughout the Facility Period a valid and current International Ship an Security Certificate issued under the ISPS Code ("ISSC"); and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower procure that the Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(ad) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(be) maintain for that the Ship an ISSC; and
(cf) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall comply procure that the Owner complies with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 28.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC in respect of that Ship.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the relevant Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship owned by it an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 24.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC in respect of that Ship.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 24.11 ( ), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Borrower and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.. 592 EUROPE/66436786v5
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
ISPS Code. Each The Borrower shall procure that the Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it the Owner and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. compliance Each Borrower will and shall procure that the Collateral Owner will:
(a) for the duration of the Facility Period comply with the ISPS Code in relation to its Vessel and in particular, without limitation, shall:
(a) procure that the Ship owned by it its Vessel and the company responsible for that Ship’s compliance with the ISPS Code Company comply with the ISPS Code; and;
(b) maintain a valid and current ISSC for that Ship an ISSCits Vessel throughout the Facility Period and provide a copy to the Lender; and
(c) immediately notify the Agent immediately Lender in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC of its Vessel.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 23.10 (Compliance with laws etc.), the Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCthe Ship; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Facility Agreement (Euroseas Ltd.)
ISPS Code. Each Borrower of the Borrowers shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code Code, comply with the ISPS Code; and
(b) maintain for that each Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
ISPS Code. Each The Borrower procure that the Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 23.10 (Compliance with laws etc.), the Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that the Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCthe Ship; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 23.10 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and;
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSCISSC in respect of any Ship.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship owned by it an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply Without limiting paragraph (a) of Clause 23.9 (Compliance with the ISPS Code and in particularlaws etc.), without limitation, each Owner shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower Shipowner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.,
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 23.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship owned by it an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
ISPS Code. Each The Borrower procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the each Ship owned by it and the company responsible for that each Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that the Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it that Owner and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Without limiting paragraph (a) of Clause 27.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) : procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) and maintain for that Ship an ISSC; and
(c) and notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(ai) procure that the its Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(bj) maintain for that its Ship an ISSC; and
(ck) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)
ISPS Code. Each The Borrower shall procure that each Guarantor and each Collateral Guarantor shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the its Ship owned by it and the company responsible for that such Ship’s compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that its Ship an ISSC; and
(c) notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
ISPS Code. Each The Borrower shall procure that each Owner shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) maintain for that Ship an ISSC; and
(c) notify the Agent Lender immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
ISPS Code. Each Without limiting paragraph (a) of Clause 28.9 (Compliance with laws etc.), each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) procure that the Ship owned by it and the company responsible for that Ship’s compliance with the ISPS Code comply with the ISPS Code; andand
(b) maintain an ISSC for that Ship an ISSCShip; and
(c) notify the Facility Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract
Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp)
ISPS Code. Each Borrower shall comply with the ISPS Code and in particular, without limitation, shall:
(a) a. procure that the its Ship owned by it and the company responsible for that such Ship’s 's compliance with the ISPS Code comply with the ISPS Code; and
(b) b. maintain for that its Ship an ISSC; and
(c) c. notify the Agent immediately in writing of any actual or threatened withdrawal, suspension, cancellation or modification of the ISSC.
Appears in 1 contract