Maritime Matters. (i) Each of the vessels described in the Registration Statement, Prospectus and the Prospectus Supplement as being owned by the Company or any Subsidiary (“Owned Vessels”) has been duly and validly registered in the name of the owner of such Owned Vessel as disclosed in the Registration Statement, Prospectus and the Prospectus Supplement under the laws and regulations and flag of the nation of its registration; no other action is necessary to establish and perfect such entity’s title to and interest in any of the Owned Vessels as against any third party; and each Owned Vessel is owned directly by such entity free and clear of all liens, claims, security interests or other encumbrances, except such as are described in the Registration Statement, Prospectus and the Prospectus Supplement. Each such entity has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of title of record except for maritime liens incurred in the ordinary course and those liens arising under any Indebtedness, each as disclosed in the Registration Statement, Prospectus and the Prospectus Supplement.
Maritime Matters. (i) Each of the vessels described in the Registration Statement, Prospectus and the Prospectus Supplement as being owned by the Company or any Subsidiary (“Owned Vessels”) has been duly and validly registered in the name of the owner of such Owned Vessel as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus under the laws and regulations and flag of the nation of its registration; no other action is necessary to establish and perfect such entity’s title to and interest in any of the Owned Vessels as against any third party. Each such entity has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of title of record except for maritime liens incurred in the ordinary course and those liens arising under any Indebtedness as disclosed in or contemplated by the Registration Statement, the General Disclosure Package and the Prospectus.
Maritime Matters. (A) Each of the vessels described in the Registration Statement, the General Disclosure Package and the Prospectus as being owned by the Company or any Subsidiary as described therein (“Owned Vessels”) has been duly and validly registered in the name of a Subsidiary under the laws and regulations and flag of the nation of its registration; no other action is necessary to establish and perfect such entity’s title to and interest in any of the Owned Vessels as against any third party; and each Owned Vessel is owned directly by the Company or such Subsidiary free and clear of all liens, claims, security interests or other encumbrances, except such as are described in or contemplated by the Registration Statement, the General Disclosure Package and the Prospectus. Each such Subsidiary has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of the title of record except for maritime liens incurred in the ordinary course and those liens arising under Credit Facilities, each as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus.
Maritime Matters. (A) Each of the vessels described in the Registration Statement, the General Disclosure Package and the Prospectus as being owned by the Company or any Subsidiary (“Owned Vessels”) has been duly and validly registered in the name of the owner of such Owned Vessel as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus under the laws and regulations and flag of the nation of its registration; no other action is necessary to establish and perfect such entity’s title to and interest in any of the Owned Vessels as against any third party; and each Owned Vessel is owned directly by such entity free and clear of all liens, claims, security interests or other encumbrances, except such as are described in or contemplated by the Registration Statement, the General Disclosure Package and the Prospectus. Each such entity has good title to the applicable Owned Vessel, free and clear of all mortgages, pledges, liens, security interests and claims and all defects of title of record except for maritime liens incurred in the ordinary course and those liens arising under Credit Facilities, each as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus.
Maritime Matters. (a) Schedule 3.17(a) of the Partnership Disclosure Letter sets forth a true, correct and complete list of the vessels owned by the Partnership, or any Partnership Subsidiary or Partnership JV (the vessels required to be scheduled thereon, the “Partnership Vessels”). Vessel certificates for each of the Partnership Vessels which set forth Partnership Vessel information including its name, registered owner, time charter attached to it as of the date hereof (if applicable), its manager, International Maritime Organization number, flag, type, date of the delivery, shipbuilder, depth, capacity (gross tonnage or deadweight tonnage, as specified therein), net tonnage, the pool in which entered (if applicable) and class, along with Transcripts of Registry or Certificates of Ownership and Encumbrance for each Partnership Vessel have been made available to Parent. Each Partnership Vessel is, in all material respects, lawfully documented and registered in the name of its registered owner under the Laws where such vessel is registered and each such vessel and owner of such vessel complies in all material respects with all applicable Laws to which such vessel may be registered.
Maritime Matters. (a) Each vessel owned by the Company or one of its Subsidiaries (the “Company Vessels”) is, in all material respects, lawfully documented and registered in the name of its registered owner under the Applicable Laws where such vessel is registered and each such vessel and owner of such vessel complies in all material respects with all Applicable Laws in the jurisdiction where such Company Vessel is registered.
Maritime Matters. The name, official number, registered owner, and jurisdiction of registration of each vessel owned, leased, chartered or operated by the Company or any of its Subsidiaries ("Vessel"), including Vessels that are not currently in operation ("Laid-up Vessels") is set forth, as of the date hereof, on Schedule 3.21 hereto. Except as set forth on such Schedule, each Vessel is operated in material compliance with all applicable maritime Laws, including, without limitation, with respect to each Vessel operated in the coastwise trade of the United States of America, the Shipping Act, 1916, and the Merchant Marine Act, 1920, each as amended and in effect, and the regulations promulgated thereunder, provided that, with respect to the effect of the Stock Purchase on the Company's qualification to operate vessels in the coastwise trade of the United States of America, the Company will rely upon the Ruling. Each Vessel that is designated as a Laid-up Vessel on Schedule 3.21 is maintained in accordance with ordinary and reasonable commercial standards for Laid-up Vessels. Each Vessel is maintained and (other than Laid-up Vessels) operated in material compliance with all applicable Environmental Laws. The Company and its Subsidiaries are qualified to own and operate the Vessels under all applicable Laws (including the Laws of each Vessel's flag state). Except as permitted by the Laws of the flag state, each Vessel is classified in the highest class available for vessels of its age and type with the American Bureau of Shipping, Inc. or another reputable internationally recognized classification society, free of any overdue conditions or recommendations, other than such conditions or recommendations which remediation or implementation the classification society or flag state have agreed to postpone, and which if not cured by the owner thereof would not materially diminish such Vessel's value. With respect to Vessels not required by the Laws of the flag state to be classed, such Vessels are covered by valid certificates of inspection or the equivalent, except with respect to any Laid-up Vessel with expired certificates, which Vessel will be provided with a new certificate of inspection or an equivalent instrument before its return to operations by the Company or any of its Subsidiaries.
Maritime Matters. Maritime search and rescue agreement. Signed at Honolulu June 10, 1988; entered into force June 10, 1988. TIAS 11586.
Maritime Matters. (a) Each Ship owned by a Conveyed Company (in such capacity, the “Conveyed Shipowner”) is registered under the laws, regulations and flag of the relevant Governmental Authority, in the sole ownership of such Conveyed Shipowner, as set forth on Schedule 3.23(a) of the Seller Disclosure Letter, and no other action is necessary under the applicable Laws where such ship is registered to establish and perfect such Conveyed Shipowner’s title to and ownership interest in such Ship as against any third party. Each such owned Ship is in good standing with respect to the payment of past and current taxes, fees and other amounts payable under the Laws of the jurisdiction where it is registered, and is in compliance with all applicable Laws of such jurisdiction, as would affect its registration with the relevant Governmental Authority of such jurisdiction except for failures of compliance which would not, individually or in the aggregate, and if left un-remedied, either result in the suspension or cancellation of such Ship’s registration or a Material Adverse Effect.
Maritime Matters. Agreement concerning financial arrangements for the furnishing of certain supplies and serv- ices to naval vessels of both countries. Signed at Quito July 8, 1955; entered into force Octo- ber 6, 1955.
