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

Prevention of and release from arrest. Each Borrower shall, in respect of the Ship owned by it, promptly discharge:

Appears in 4 contracts

Samples: Term Loan Facility (Castor Maritime Inc.), Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Dorian LPG Ltd.)

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Prevention of and release from arrest. Each Borrower shall, in respect of the Ship owned by it, promptly dischargedischarge amounts due in respect of:

Appears in 4 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, promptly discharge:

Appears in 2 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Star Bulk Carriers Corp.)

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Prevention of and release from arrest. (a) Each Borrower shall, in respect of the Ship owned by it, it (at its own cost) promptly discharge:

Appears in 1 contract

Samples: Term Loan Facility Agreement (Castor Maritime Inc.)

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