Common use of Owner's Liens Clause in Contracts

Owner's Liens. In addition to the undertakings and warranties in ------------- Articles 4 and 5 and in the Participation Agreement concerning absence of Owner's Liens upon delivery of the Vessel to Charterer hereunder, Owner warrants that throughout the Charter Period Owner will not cause the Vessel or the Vessel Interest to incur any Owner's Liens whatsoever; and Owner will defend, indemnify and hold Charterer harmless with respect to any such Owner's Liens and/or charters, and will promptly take, at its own expense, such actions as may be required to discharge any Owner's Lien prohibited by this Article 15(a).