Common use of Prevention of and release from arrest Clause in Contracts

Prevention of and release from arrest. without prejudice to clause 29.3 promptly pay and discharge or procure that there is paid or discharged (by settlement, providing bail or procuring the provision of security or otherwise as the circumstances may allow or require) all debts, damages, liabilities and outgoings whatsoever which have given or may give rise to maritime, statutory or possessory liens on, or claims enforceable against the Ship or the Insurances or any part thereof and, in the event of a writ or libel being filed against the Ship or the Insurances or any part thereof, or of any of the same being arrested, attached or levied upon pursuant to legal process or purported legal process or in the event of detention of the Ship in exercise or purported exercise of any such lien or claim as aforesaid, procure the release of the Ship and the Insurances from such arrest, detention, attachment or levy or, as the case may be, the discharge of the writ or libel promptly (and, in the case of an arrest of the Ship, within the period provided therefor in clause 26.1.17) upon receiving notice thereof by providing bail or procuring the provision of security or otherwise as the circumstances may require;

Prevention of and release from arrest. without prejudice to clause 29.3 promptly when they fall due, pay and discharge or procure that there is paid or discharged (by settlement, providing bail or procuring the provision of security or otherwise as the circumstances may allow or require) all debts, damages, liabilities and outgoings whatsoever which have given or there are reasonable grounds to expect that they may give rise to maritime, statutory or possessory liens on, or claims enforceable against the Ship against, such Mortgaged Vessel, her Earnings or the Insurances or any part thereof and, in the event of a writ or libel being filed against the Ship such Mortgaged Vessel or the her Earnings or Insurances or any part thereof, or of any of the same being arrested, attached or levied upon pursuant to legal process or purported legal process or in the event of detention of the Ship such Mortgaged Vessel in exercise or purported exercise of any such lien or claim as aforesaid, to procure the release of the Ship such Mortgaged Vessel, her Earnings and the Insurances from such arrest, detention, detention attachment or levy or, as the case may be, the discharge of the writ or libel promptly forthwith upon the relevant Owner receiving notice thereof (andor, in the case of an arrest of the Shipsuch Mortgaged Vessel, within the period provided therefor in clause 26.1.1715 days thereof) upon receiving notice thereof by providing bail or procuring the provision of security or otherwise as the circumstances may require;