Common use of Oil Pollution Clause in Contracts

Oil Pollution. The Mortgagor shall on behalf and for the benefit ------------- of itself and the Mortgagee (i) when required by law, maintain a Certificate of Financial Responsibility (Oil Pollution) issued by the United States Coast Guard pursuant to the Oil Pollution Act of 1990, as amended, and (ii) maintain such additional coverage for the Vessel in respect of oil pollution liability as may be customary among prudent owners of similar vessels from time to time.

Oil Pollution. The Mortgagor shall on behalf and for the benefit ------------- of itself and the Mortgagee (i) when required by law, maintain a Certificate of Financial Responsibility (Oil Pollution) issued by the United States Coast Guard pursuant to the Oil Pollution Act of 1990, as amended, and (ii) maintain such additional coverage for the Vessel Vessels in respect of oil pollution liability as may be customary among prudent owners of similar vessels from time to time.

Oil Pollution. The Mortgagor shall on behalf and for the ------------- benefit ------------- of itself and the Mortgagee (i) when required by law, maintain a Certificate of Financial Responsibility (Oil Pollution) issued by the United States Coast Guard pursuant to the Oil Pollution Act of 1990, as amended, and (ii) maintain such additional coverage for the Vessel in respect of oil pollution liability as may be customary among prudent owners of similar vessels from time to time.