Common use of NO LIENS TO BE PLACED AGAINST THE VESSEL Clause in Contracts

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the Borrower, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens as defined herein. 23 Initial (b) Permitted Liens. “Permitted Liens” means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the BorrowerBORROWER, any charterer, the Master of the Vesselvessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel vessel any lien whatsoever other than the lien of this Mortgage or permitted liens Permitted Liens as defined herein. 23 Initial. (b) Permitted Liens. “"Permitted Liens” " means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the Borrower, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens as defined herein. 23 42 Initial (b) Permitted Liens. “Permitted Liens” means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the Borrower, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens as defined herein. 23 4 Initial (b) Permitted Liens. “Permitted Liens” means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the BorrowerBORROWER, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens Permitted Liens as defined herein. 23 Initial. (b) Permitted Liens. “"Permitted Liens” " means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the Borrower, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens as defined herein. 23 InitialPg. 4 of 19 (b) Permitted Liens. “Permitted Liens” means liens or other charges or encumbrances:

NO LIENS TO BE PLACED AGAINST THE VESSEL. (a) Neither the Borrower, any charterer, the Master of the Vessel, nor any other person has or shall have any right, power, or authority to create, incur, or permit to be placed, imposed, or continued upon the Vessel any lien whatsoever other than the lien of this Mortgage or permitted liens as defined herein. 23 61 Initial (b) Permitted Liens. “Permitted Liens” means liens or other charges or encumbrances: