Operation of Vessel. All vessels shall be operated in a safe and courteous manner and at a no-wake speed within the marina.
Operation of Vessel. The Mortgagor will not (except during any period when the use or title to the Vessel has been taken, requisitioned or chartered by any Governmental Authority) cause or permit the Vessel to be operated in any manner contrary to applicable law or regulation, will not abandon the Vessel in any foreign port (unless an Event of Loss (as hereinafter defined) has occurred as to the Vessel or the safety or welfare of the Mortgagor's employees on the Vessel is endangered), will not engage in any unlawful trade, violate any law or carry any cargo that will expose the Vessel to penalty, forfeiture or capture and will not do, or suffer or permit to be done, anything which can or may injuriously affect the documentation of the Vessel under the existing laws and regulations of the United States of America. Mortgagor shall keep the operation of the Vessel within the permitted navigational limits set forth in the trading warranties of the policies of insurance covering the Vessel and in any case will not operate the Vessel, or permit the Vessel to be operated, in any area where such insurance would not be fully applicable and enforceable with respect to the Vessel and its operation.
Operation of Vessel. When at or in the vicinity of the Marina, please operate the vessel with due care to avoid any injury to any person, damage to other vessels, the environment, and/or damage to the Marina facilities. The Marina and the surrounding waters are designated as “No Wake” zones. By law, operators are responsible for injury and other damage caused by the wake of their vessel to other vessels, or to the structure or facilities of the Marina.
Operation of Vessel. Mortgagor will not (except during any period when the use or title to the Vessel has been taken, requisitioned or chartered by any Governmental Authority) cause or permit the Vessel to be operated in any manner contrary to applicable law or regulation, will not abandon the Vessel in any non-United States port (unless an Event of Loss has occurred as to the Vessel or the safety or welfare of the Master, crew and other persons on the Vessel is endangered), will not engage in any unlawful trade, violate any law or carry any cargo that will expose the Vessel to penalty, forfeiture or capture and will not do, or suffer or permit to be done, anything which can or may injuriously affect the documentation of the Vessel under the existing federal laws and regulations of the United States of America. Without limiting the generality of the foregoing, the Mortgagor shall not, except as permitted by applicable laws or regulations, charter the Vessel to, or permit the Vessel to serve under any contract with, a person included within the definition of (i) "national" of a "designated foreign country," or "specially designated national" of a "designated foreign county," in the Foreign Assets Control Regulations or the Cuban Assets Control Regulations of the United States Treasury Department, 31 C.F.R. Parts 500 and 515, in each case as amended, (ii) "Government of Libya," "entity of the Government of Libya" or "Libyan entity" in the Libyan Sanctions Regulations of the United States Treasury Department, 31 C.F.R. Part 550, as amended, or (iii) "Government of Iraq," "entity of the Government of Iraq" or "Iraqi Government entity" in the Iraqi Sanctions Regulations, 31 C.F.R. Part 575, as amended, all within the meaning of said Regulations or of any regulations, interpretations or rulings issued thereunder, or engage in any transaction that violates any provision of said Regulations or that violates any provision of the Iranian Transactions Regulations, 31 C.F.R. Part 560, as amended, the Transaction Control Regulations, 31 C.F.R. Part 505, as amended, the Foreign Assets Control Regulations, 31 C.F.R. Part 500, as amended, or Executive Orders 12810 and 12831, or call at a Cuban port to load or discharge cargo or to effect repairs on the Vessel. Furthermore, the Mortgagor shall keep the Vessel at all times in United States territorial waters in the Gulf of Mexico or in the Gulf of Mexico on or above the outer Continental Shelf of the United States; provided, however, if SDDI re...
Operation of Vessel. The Shipowner will not cause or permit the Vessel to be operated in any manner contrary to applicable law, engage in any unlawful trade or operations or violate any applicable law or carry any cargo, in the case of any of the foregoing, that will unreasonably expose the Vessel to penalty, forfeiture or capture and will not do, or suffer or permit to be done, anything which can or may injuriously affect the registration of the Vessel under the laws and regulations of the Republic of Panama and will at all times keep the Vessel duly documented thereunder.
Operation of Vessel. The Mortgagor will not cause or permit the Vessel to be operated in any manner contrary to applicable law or regulation, or in any manner not permitted by the Indenture or by any insurances required thereby and hereby, will not engage in any unlawful trade, violate any law or carry any cargo that will expose the Vessel to penalty, forfeiture or capture and will not do, or suffer or permit to be done, anything which can or may injuriously affect the documentation of the Vessel under the laws and regulations of the Republic of Panama. Mortgagor shall keep the operation of the Vessel within the permitted navigational limits set forth in the trading warranties of the policies of insurance covering the Vessel and in any case will not operate the Vessel, or permit the Vessel to be operated, in any area where such insurance would not be fully applicable and enforceable with respect to the Vessel and its operation.
Operation of Vessel. Mortgagor will not (except during any period when the use or title to the Vessel has been taken, requisitioned or chartered by any Governmental Authority) cause or permit the Vessel to be operated in any manner contrary to applicable law or regulation, will not abandon the Vessel in any non-United States port (unless an Event of Loss has occurred as to the Vessel or the safety or welfare of Mortgagor's employees on the Vessel is endangered), will not engage in any unlawful trade, violate any law or carry any cargo that will expose the Vessel to penalty, forfeiture or capture and will not do, or suffer or permit to be done, anything which can or may injuriously affect the documentation of the Vessel under the existing laws and regulations of the Republic of Panama or the United States of America. Without limiting the generality of the foregoing, the Mortgagor shall not charter the Vessel to, or permit the Vessel to serve under any contract with, a person included within the definition of (i) "national" of a "designated foreign
Operation of Vessel. During a period when subsection (a) applies, a trustee referred to in subsection (a)(3), even though approved as a trustee by the Secretary, may not operate the vessel under the mortgage or assignment without the Secretary’s approval.
Operation of Vessel not cause or permit the Vessel to be operated in any way inconsistent with the provisions or warranties of or implied in, or outside the coverage provided by, the obligatory Insurances or to be engaged in any voyage or to carry any cargo not permitted by the obligatory Insurances without first obtaining the consent to such operation or engagement of the Insurers concerned and complying with such requirements as to extra premium or otherwise as the Insurers may prescribe;
Operation of Vessel. The Operator shall have exclusive possession and control of the Vessel and shall crew, victual, navigate, operate, supply, fuel, maintain and repair the Vessel at Mandarin’s expense and may pay on behalf of Mandarin other charges and expenses of any kind and nature whatsoever incidental to the use and operation of the Vessel, including, but not limited to the following:
i. Cost of Operator-provided personnel;
ii. Travel costs for Operator provided personnel;
iii. Purchases of materials, supplies, equipment, parts and storage, transport and assembling thereof, and cost of subcontractors in connection with specific assignments;
iv. Expenses incurred for keeping the Vessel in line with certification and classification requirements including Special Periodic Surveys;
v. Professional services for all analysis or technical assistance required to the extent that such services qualitatively cannot be performed by the Operator or the Operator’s own employees, including legal, accounting and other consulting services which may be received from non-affiliate third parties;
vi. Direct Internal Quality and Safety audit costs when carried out on board the Vessel;
vii. Shorebase expenses including payroll and payroll related expenses to shorebase staff, administrative staff, storage, transportation, office, overhead and warehouse upkeep at shorebase’ site including mobilization and demobilization of the same;
viii. Catering costs;
ix. Customs duties, corporate taxes, withholding taxes, and other taxes of whatsoever nature levied on Mandarin or the Operator and arising solely from contracts entered into in respect of the Vessel and levied in jurisdictions where the Vessel is located from time to time and/or in connection with this Agreement or a Charter Agreement; x. brokerage, commission and agency fees to third parties, if any;
