Common use of Liability of Mortgagee Clause in Contracts

Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Assigned Property and/or the Charterer's Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.

Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Assigned Property and/or the Charterer's Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.

Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Owners Assigned Property and/or the Charterer's Charterers Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.

Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Assigned Property and/or the Charterer's Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.. 11 Application of moneys

Liability of Mortgagee. The Mortgagee shall not be liable as mortgagee in possession in respect of all or any of the Owner's Owners Assigned Property and/or the Charterer's Assigned Property to account or be liable for any loss upon realisation or for any neglect or default of any nature whatsoever in connection therewith for which a mortgagee in possession may be liable as such.