Common use of LIEN FOR FEES AND SERVICES Clause in Contracts

LIEN FOR FEES AND SERVICES. Marina shall have a lien on the Vessel, its appurtenances and contents pursuant to §43-31 et seq. of the Code of Virginia, 1950, as amended to secure the performance by Boat Owner of the terms and conditions of this Agreement, to secure payment by Boat Owner for all services and supplies provided by Xxxxxx to Boat Owner or on behalf of the Vessel and injury or damage caused or contributed to or by the Vessel or Boat Owner, including but not limited to damage to pier, piling, docks, wharfs, personal injury, damage to other boats or vessels, pollution by oil, its derivatives, or other hazardous materials, loss by sinking, collision, fir, or other losses. Notwithstanding termination of this Agreement, Marina shall be fully authorized to HOLD THE VESSEL AND SELL THE SAME in accordance with applicable lien law in the event the Boat Owner fails to perform the terms and conditions of this Agreement or fails to pay for services and supplies. So long as Xxxxxx continues to hold the Vessel, Boat Owner shall be deemed to be holding over and shall be responsible for all continuing charges and expenses incurred by Xxxxxx and Holding Over fees as more fully described in Section 11, Holding Over. Boat Owner expressly agrees that Xxxxxx shall also have the right to exercise all rights available to it under applicable Federal and State law, including but not limited to the right to arrest the Vessel and recover any and all expenses incurred in doing so as custodia legis expenses.

Appears in 2 contracts

Samples: License Agreement, License Agreement

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LIEN FOR FEES AND SERVICES. Marina shall have a lien on the Vessel, its appurtenances and contents pursuant to §43-31 et seq. of the Code of Virginia, 1950, as amended to secure the performance by Boat Owner of the terms and conditions of this Agreement, to secure payment by Boat Owner for all services and supplies provided by Xxxxxx to Boat Owner or on behalf of the Vessel and injury or damage caused or contributed to or by the Vessel or Boat Owner, including but not limited to damage to pier, piling, docks, wharfs, personal injury, damage to other boats or vessels, pollution by oil, its derivatives, or other hazardous materials, loss by sinking, collision, fir, or other losses. Notwithstanding termination of this Agreement, Marina shall be fully authorized to HOLD THE VESSEL AND SELL THE SAME in accordance with applicable lien law in the event the Boat Owner fails to perform the terms and conditions of this Agreement or fails to pay for services and supplies. So long as Xxxxxx continues to hold the Vessel, Boat Owner shall be deemed to be holding over and shall be responsible for all continuing charges and expenses incurred by Xxxxxx and Holding Over fees as more fully described in Section 11, Holding Over. Boat Owner expressly agrees that Xxxxxx shall also have the right to exercise any and all rights available to it under applicable Federal and State law, including but not limited to the right to arrest the Vessel and recover any and all expenses incurred in doing so as custodia legis expenses.

Appears in 2 contracts

Samples: License Agreement, Storage Space License Agreement

LIEN FOR FEES AND SERVICES. Marina shall have a lien on the Vessel, its appurtenances and contents pursuant to §43-31 et seq. of the Code of Virginia, 1950, as amended to secure the performance by Boat Owner of the terms and conditions of this Agreement, to secure payment by Boat Owner for all services and supplies provided by Xxxxxx to Boat Owner or on behalf of the Vessel and injury or damage caused or contributed to or by the Vessel or Boat Owner, including but not limited to damage to pier, piling, docks, wharfs, personal injury, damage to other boats or vessels, pollution by oil, its derivatives, or other hazardous materials, loss by sinking, collision, fir, or other losses. Notwithstanding termination of this Agreement, Marina shall be fully authorized to HOLD THE VESSEL AND SELL THE SAME in accordance with applicable lien law in the event the Boat Owner fails to perform the terms and conditions of this Agreement or fails to pay for services and supplies. So long as Xxxxxx continues to hold the Vessel, Boat Owner shall be deemed to be holding over and shall be responsible for all continuing charges and expenses incurred by Xxxxxx and Holding Over fees as more fully described in Section 11, Holding Over. Boat Owner expressly agrees that Xxxxxx shall also have the right to exercise all rights available to it under applicable Federal and State law, including but not limited to the right to arrest the Vessel and recover any and all expenses incurred in doing so as custodia legis expenses.

Appears in 1 contract

Samples: License Agreement

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LIEN FOR FEES AND SERVICES. Marina shall have a lien on the Vessel, its appurtenances and contents pursuant to §43-31 et seq. of the Code of Virginia, 1950, as amended to secure the performance by Boat Owner of the terms and conditions of this Agreement, to secure payment by Boat Owner for all services and supplies provided by Xxxxxx to Boat Owner or on behalf of the Vessel and injury or damage caused or contributed to or by the Vessel or Boat Owner, including but not limited to damage to pier, piling, docks, wharfs, personal injury, damage to other boats or vessels, pollution by oil, its derivatives, or other hazardous materials, loss by sinking, collision, firfire, or other losses. Notwithstanding termination of this Agreement, Marina shall be fully authorized to HOLD THE VESSEL AND SELL THE SAME in accordance with applicable lien law in the event the Boat Owner fails to perform the terms and conditions of this Agreement or fails to pay for services and supplies. So long as Xxxxxx continues to hold the Vessel, Boat Owner shall be deemed to be holding over and shall be responsible for all continuing charges and expenses incurred by Xxxxxx and Holding Over fees as more fully described in Section 11, Holding Over. Boat Owner expressly agrees that Xxxxxx shall also have the right to exercise all rights available to it under applicable Federal and State law, including but not limited to the right to arrest the Vessel and recover any and all expenses incurred in doing so as custodia legis expenses.

Appears in 1 contract

Samples: License Agreement

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