Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 4 contracts
Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.), General Maritime Corp/
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 TITLE 21 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000LIBERIAN CODE OF LAWS OF 1956, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 3 contracts
Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), General Maritime Corp/, General Maritime Corp/
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of the Mortgage and a true copy of this Mortgage Deed on board the Vessel with her papers and will cause such certified copy and the Vessel’s 's marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s 's wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s 's cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED STATUTORY MORTGAGE AND DEED OF COVENANTS COLLATERAL THERETO IN FAVOR OF NORDEA CHRISTIANIA BANK FINLAND PLCOG KREDITKASSE ASA, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGEDEED, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S 'S WAGES AND SALVAGE.
Appears in 2 contracts
Samples: Credit Agreement (General Maritime Corp/), General Maritime Corp/
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST SECOND PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE ON A SECOND LIEN BASIS (THE “MORTGAGE”), UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON (OTHER THAN AS PROVIDED IN THE MORTGAGE) HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 2 contracts
Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCABP, NEW YORK BRANCH, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND SECURITY TRUSTEE/, AS MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED LIENS” AS DEFINED IN THE MORTGAGE.
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC, ACTING THROUGH ITS NEW YORK BRANCH, AS SECURITY TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX MXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: First Preferred Ship Mortgage NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCWXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND TRUSTEE, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED COLLATERAL VESSEL LIENS” AS DEFINED IN THE MORTGAGE. The Mortgagee and the Shipowner and their respective maritime counsel are hereby each jointly and severally authorized and directed to jointly certify, on behalf of the Shipowner and the Mortgagee, a true copy of this Mortgage, as duly endorsed by the National Vessel Documentation Center to show its filing and recording data, to be carried on board the Vessel in compliance with this Sxxxxxx 0 xxx 00 X.X.X. § 00000.
Appears in 1 contract
Samples: Intercreditor Agreement (Overseas Shipholding Group Inc)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel Rig with her papers and will cause such certified copy and the VesselRig’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon (other than liens for crew’s wages and salvagesalvage and other Permitted Collateral Liens), and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel Rig a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL RIG IS OWNED BY [SHIPOWNER]TRITON CAPITAL I GMBH, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCXXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, AS TRUSTEE/COLLATERAL AGENT, SECURITY TRUSTEE AND MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE MARITIME ACT 1990 OF THE REPUBLIC OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSELRIG, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSELRIG, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES WAGES, SALVAGE AND SALVAGEOTHER PERMITTED COLLATERAL LIENS (AS DEFINED IN SAID MORTGAGE).
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER]GENER8 STRENGTH LLC, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCCITIBANK, N.A., NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE REPUBLIC OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR INCUR, ASSUME OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Samples: Global Assignment Agreement (Gener8 Maritime, Inc.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel Rig with her papers and will cause such certified copy and the VesselRig’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon (other than liens for crew’s wages and salvagesalvage and other Permitted Collateral Liens), and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel Rig a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL RIG IS OWNED BY [SHIPOWNER]TRITON GEMINI GMBH, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCXXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, AS TRUSTEE/COLLATERAL AGENT, SECURITY TRUSTEE AND MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE MARITIME ACT 1990 OF THE REPUBLIC OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSELRIG, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSELRIG, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES WAGES, SALVAGE AND SALVAGEOTHER PERMITTED COLLATERAL LIENS (AS DEFINED IN SAID MORTGAGE).
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST SECOND PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE ON A SECOND LIEN BASIS (THE “MORTGAGE”), UNDER AUTHORITY OF CHAPTER 3 TITLE 21 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000LIBERIAN CODE OF LAWS OF 1956, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON (OTHER THAN AS PROVIDED IN THE MORTGAGE) HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCJEFFERIES FINANCE LLC, NEW YORK BRANCHNOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND TRUSTEE, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED COLLATERAL VESSEL LIENS” AS DEFINED IN THE MORTGAGE. First Preferred Ship Mortgage The Mortgagee and the Shipowner and their respective maritime counsel are hereby each jointly and severally authorized and directed to jointly certify, on behalf of the Shipowner and the Mortgagee, a true copy of this Mortgage, as duly endorsed by the National Vessel Documentation Center to show its filing and recording data, to be carried on board the Vessel in compliance with this Sxxxxxx 0 xxx 00 X.X.X. § 00000.
Appears in 1 contract
Samples: Intercreditor Agreement (Overseas Shipholding Group Inc)
Notice of Mortgage. The Shipowner will place, place and at all times and places will retain a properly certified copy of this the Mortgage (which shall form part of the Ship’s documents) on board the Vessel Ship, with her its papers and will cause such certified copy and of the Vessel’s marine document Mortgage, to be exhibited to any and all persons having business therewith with the Ship, which might give rise to create or imply any lien thereon commitment or encumbrance whatsoever on or in respect of the Ship (other than liens a lien for crew’s wages and salvage, ) and to any representative of the Mortgagee. The Shipowner will Security Agent and place and keep prominently displayed in the chart navigation room and in the Master’s cabin on of the Vessel Ship (for so long as it is owned by the Lessor) and (in the case of the Ship), a framed printed notice in plain type type, prior to a Standby Ship Disposition, in such form as the Security Agent shall notify the Borrower and/or the Bareboat Charterer and, following a Standby Ship Disposition, reading as follows: “NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER]MORTGAGE” This Ship is subject to a first priority mortgage in favour of Golar Gas Holding Company, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCInc., NEW YORK BRANCHwhich Mortgage has been assigned to DnB NOR Bank ASA of 20 Xx. Xxxxxxx’x Xxxx, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER London EC3R 8HY as security trustee under authority of Chapter 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000of the Republic of The Mxxxxxxx Xxxxxxx Xxxxxxxx Xxx 0000 as amended. Under the said mortgage, AS AMENDEDneither the Borrower nor any charterer nor the Master of this Ship has any right, power or authority to create, incur or permit to be imposed upon this Ship any commitments or encumbrances whatsoever other than for crew’s wages and salvage”. UNDER THE TERMS OF SAID MORTGAGEand in terms of the said notices it is hereby agreed that save and subject as otherwise herein provided, NEITHER THE SHIPOWNERneither the Lessee, ANY CHARTERERthe Bareboat Charterer nor any other charterer nor the Master of the Ship, THE MASTER OF THE VESSELnor any other person has any right, NOR ANY OTHER PERSON HAS ANY RIGHTpower or authority to create, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.incur or permit to be imposed upon the Ship any lien whatsoever other than for crew’s wages and salvage;
Appears in 1 contract
Samples: Confidential (Golar LNG Partners LP)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of the Mortgage and a true copy of this Mortgage Deed on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED SECOND PRIORITY MORTGAGE AND DEED OF COVENANTS IN FAVOR OF NORDEA BANK FINLAND PLC, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE ON A SECOND LIEN BASIS (THE “MORTGAGE”) UNDER AUTHORITY OF CHAPTER 3 OF THE XX XXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGEMORTGAGE AND DEED, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON (OTHER THAN AS PROVIDED IN THE MORTGAGE) HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel Rig with her papers and will cause such certified copy and the VesselRig’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel Rig a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL RIG IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA DNB BANK FINLAND PLC, NEW YORK BRANCHASA, AS TRUSTEE/SECURITY TRUSTEE / MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSELRIG, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSELRIG, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES WAGES, SALVAGE AND SALVAGEOTHER PERMITTED COLLATERAL LIENS (AS DEFINED IN SAID MORTGAGE).
Appears in 1 contract
Samples: Credit Agreement (Transocean Ltd.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: First Preferred Mortgage P-6 NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCJEFFERIES FINANCE LLC, NEW YORK BRANCHNOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND TRUSTEE, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDED. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED COLLATERAL VESSEL LIENS” AS DEFINED IN THE MORTGAGE.
Appears in 1 contract
Samples: Security Agreement (Overseas Shipholding Group Inc)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. Second Preferred Ship Mortgage The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST SECOND PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCJEFFERIES FINANCE LLC, NEW YORK BRANCHNOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND TRUSTEE, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED COLLATERAL VESSEL LIENS” AS DEFINED IN THE MORTGAGE. The Mortgagee and the Shipowner and their respective maritime counsel are hereby each jointly and severally authorized and directed to jointly certify, on behalf of the Shipowner and the Mortgagee, a true copy of this Mortgage, as duly endorsed by the National Vessel Documentation Center to show its filing and recording data, to be carried on board the Vessel in compliance with this Sxxxxxx 0 xxx 00 X.X.X. § 00000.
Appears in 1 contract
Samples: Intercreditor Agreement (Overseas Shipholding Group Inc)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel Rig with her papers and will cause such certified copy and the VesselRig’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon (other than liens for crew’s wages and salvagesalvage and other Permitted Collateral Liens), and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel Rig a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL RIG IS OWNED BY [SHIPOWNER]TRITON POSEIDON GMBH, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCXXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, AS TRUSTEE/COLLATERAL AGENT, SECURITY TRUSTEE AND MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE MARITIME ACT 1990 OF THE REPUBLIC OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSELRIG, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSELRIG, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES WAGES, SALVAGE AND SALVAGEOTHER PERMITTED COLLATERAL LIENS (AS DEFINED IN SAID MORTGAGE).
Appears in 1 contract
Samples: Indenture (Transocean Ltd.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s 's marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s 's wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s 's cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA CHRISTIANIA BANK FINLAND PLCOG KREDITKASSE ASA, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 TITLE 22 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000LIBERIAN CODE OF LAWS OF 1956, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S 'S WAGES AND SALVAGE.
Appears in 1 contract
Samples: General Maritime Corp/
Notice of Mortgage. The Shipowner will place, to place and at all times and places will to retain a properly certified copy of the Mortgage and this Mortgage Deed (which shall form part of the Ship’s documents) on board the Vessel Ship with her papers and will cause such certified copy of the Mortgage and the Vessel’s marine document this Deed to be exhibited to any and all persons having business therewith with the Ship which might give rise to create or imply any lien thereon commitment or encumbrance whatsoever on or in respect of the Ship (other than liens a lien for crew’s wages and salvage, ) and to any representative of the Mortgagee. The Shipowner will Mortgagee and to place and keep prominently displayed in the chart navigation room and in the Master’s cabin on of the Vessel Ship a framed printed notice in plain type reading as follows: “NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER]MORTGAGE” This Ship is subject to a first priority mortgage and deed of covenant in favour of BAYERISCHE HYPO- UND VEREINSBANK AKTIENGESELLSCHAFT of 0 Xxxxxxxxxx Xxxxxx, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLC000 00 Xxxxxx, NEW YORK BRANCHXxxxxx. Under the said mortgage and deed of covenant, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000neither the Owner nor any charterer nor the Master of this Ship has any right, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGEpower or authority to create, NEITHER THE SHIPOWNERincur or permit to be imposed upon this Ship any commitments or encumbrances whatsoever other than for crew’s wages and salvage” and in terms of the said notice it is hereby agreed that save and subject as otherwise herein provided, ANY CHARTERERneither the Owner nor any charterer nor the Master of the Ship nor any other person has any right, THE MASTER OF THE VESSELpower or authority to create, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.incur or permit to be imposed upon the Ship any lien whatsoever other than for crew’s wages and salvage;
Appears in 1 contract
Samples: Loan Agreement (Safe Bulkers, Inc.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel Rig with her papers and will cause such certified copy and the VesselRig’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon (other than liens for crew’s wages and salvagesalvage and other Permitted Collateral Liens), and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel Rig a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL RIG IS OWNED BY [SHIPOWNER]TRITON CAPITAL II GMBH, AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCXXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, AS TRUSTEE/COLLATERAL AGENT, SECURITY TRUSTEE AND MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE MARITIME ACT 1990 OF THE REPUBLIC OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSELRIG, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSELRIG, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES WAGES, SALVAGE AND SALVAGEOTHER PERMITTED COLLATERAL LIENS (AS DEFINED IN SAID MORTGAGE).
Appears in 1 contract
Samples: Credit Agreement (Transocean Ltd.)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST SECOND PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCWXXXX FARGO BANK, NEW YORK BRANCHNATIONAL ASSOCIATION, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND TRUSTEE, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED COLLATERAL VESSEL LIENS” AS DEFINED IN THE MORTGAGE. The Mortgagee and the Shipowner and their respective maritime counsel are hereby each jointly and severally authorized and directed to jointly certify, on behalf of the Shipowner and the Mortgagee, a true copy of this Mortgage, as duly endorsed by the National Vessel Documentation Center to show its filing and recording data, to be carried on board the Vessel in compliance with this Sxxxxxx 0 xxx 00 X.X.X. § 00000.
Appears in 1 contract
Samples: Intercreditor Agreement (Overseas Shipholding Group Inc)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA DNB NOR BANK FINLAND PLCASA, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000MARSHALL ISLANDS MARITIME ACT 1990, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGEMORTGAGX, NEITHER THE SHIPOWNERXXXXXXX XXX XXXXXXXXX, ANY CHARTERERXXX XXXXTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of the Mortgage and a true copy of this Mortgage Deed on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED PRIORITY STATUTORY MORTGAGE AND DEED OF COVENANTS COLLATERAL THERETO IN FAVOR OF NORDEA BANK FINLAND PLC, ACTING THROUGH ITS NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID MORTGAGEDEED, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s 's marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s 's wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s 's cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], XXXXXX XXXXXXX LTD.] [GENMAR SPARTIATE LTD.] [GENMAR ZOE LTD.] AND IS SUBJECT TO A FIRST PREFERRED MORTGAGE IN FAVOR OF NORDEA CHRISTIANIA BANK FINLAND PLCOG KREDITKASSE ASA, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS MARITIME ACT 1990, AS AMENDED. UNDER THE TERMS OF SAID MORTGAGE, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S 'S WAGES AND SALVAGE.
Appears in 1 contract
Samples: General Maritime Corp
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of this Mortgage on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document certificate of documentation to be exhibited to any and all persons having business therewith which might give rise to any lien Lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin or office on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED SHIP MORTGAGE IN FAVOR OF NORDEA BANK FINLAND PLCABP, NEW YORK BRANCH, NOT IN ITS INDIVIDUAL CAPACITY, BUT SOLELY AS COLLATERAL AGENT AND SECURITY TRUSTEE/, AS MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000ISLANDS MARITIME ACT 1990, AS AMENDED. UNDER THE TERMS OF SAID THE MORTGAGE, NEITHER NONE OF THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR OR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE“PERMITTED LIENS” AS DEFINED IN THE MORTGAGE.
Appears in 1 contract
Notice of Mortgage. The Shipowner will place, and at all times and places will retain a properly certified copy of the Mortgage and a true copy of this Mortgage Deed on board the Vessel with her papers and will cause such certified copy and the Vessel’s marine document to be exhibited to any and all persons having business therewith which might give rise to any lien thereon other than liens for crew’s wages and salvage, and to any representative of the Mortgagee. The Shipowner will place and keep prominently displayed in the chart room and in the Master’s cabin on the Vessel a framed printed notice in plain type reading as follows: NOTICE OF MORTGAGE THIS VESSEL IS OWNED BY [SHIPOWNER], AND IS SUBJECT TO A FIRST PREFERRED PRIORITY STATUTORY MORTGAGE AND DEED OF COVENANTS COLLATERAL THERETO IN FAVOR OF NORDEA DNB NOR BANK FINLAND PLCASA, NEW YORK BRANCH, AS TRUSTEE/MORTGAGEE UNDER AUTHORITY OF CHAPTER 3 OF THE XXXXXXXX XXXXXXX XXXXXXXX XXX 0000, AS AMENDEDMORTGAGEE. UNDER THE TERMS OF SAID MORTGAGEDEED, NEITHER THE SHIPOWNER, ANY CHARTERER, THE MASTER OF THE VESSEL, NOR ANY OTHER PERSON HAS ANY RIGHT, POWER OR AUTHORITY TO CREATE, INCUR OR PERMIT TO BE PLACED OR IMPOSED UPON THE VESSEL, ANY ENCUMBRANCES WHATSOEVER OR ANY OTHER LIEN WHATSOEVER OTHER THAN FOR CREW’S WAGES AND SALVAGE.
Appears in 1 contract
Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD)