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

Prevention of and release from arrest. Each Borrower shall promptly discharge: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by it, its Earnings or the Insurances applicable to that Ship; (b) all taxes, dues and other amounts charged in respect of the Ship owned by it, its Earnings or the Insurances applicable to that Ship; and (c) all other outgoings whatsoever in respect of the Ship owned by it, its Earnings or the Insurances applicable to that Ship, and, forthwith upon receiving notice of the arrest of that Ship, or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall shall, in respect of the Ship owned by it, promptly discharge: (ai) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; (bii) all taxesTaxes, dues and other amounts charged in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; and (ciii) all other outgoings whatsoever in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances. (b) Each Borrower shall, and, forthwith immediately upon receiving notice of the arrest of that Ship, the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall shall, in respect of the Vessel owned by it, promptly discharge: (ai) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itthat Vessel, its Earnings or the Insurances applicable to that Shipits Insurances; (bii) all taxesTaxes, dues and other amounts charged in respect of the Ship owned by itthat Vessel, its Earnings or the Insurances applicable to that Shipits Insurances; and (ciii) all other outgoings whatsoever in respect of the Ship owned by itthat Vessel, its Earnings or the Insurances applicable to that Ship, its Insurances. (b) Each Borrower shall immediately and, forthwith upon receiving notice of the arrest of that Ship, the Vessel owned by it or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. Each Borrower shall promptly discharge: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by it, its the Earnings or the Insurances applicable to in respect of that Ship; (b) all taxes, dues and other amounts charged in respect of that Ship, the Ship owned by it, its Earnings or the Insurances applicable to in respect of that Ship; and (c) all other outgoings whatsoever in respect of that Ship, the Ship owned by it, its Earnings or the Insurances applicable to in respect of that Ship, and, forthwith upon receiving notice of the arrest of that Ship, or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall shall, in respect of the Ship owned by it, promptly discharge: (ai) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; (bii) all taxesTaxes, dues and other amounts charged in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; and (ciii) all other outgoings whatsoever in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Ship, and, forthwith its Insurances. (b) Each Borrower shall as soon as reasonably practicable upon receiving notice of the arrest of that Ship, the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall Owner shall, in respect of the Ship owned by it, promptly discharge: (ai) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; (bii) all taxesTaxes, dues and other amounts charged in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; and (ciii) all other outgoings whatsoever in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Ship, and, forthwith its Insurances. (b) Each Owner shall as soon as reasonably practicable upon receiving notice of the arrest of that Ship, the Ship owned by it or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. Each The Borrower shall promptly discharge: (a) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itany Ship, its Earnings or the Insurances applicable in relation to that Ship; (b) all taxes, dues and other amounts charged in respect of the Ship owned by itany Ship, its Earnings or the Insurances applicable in relation to that Ship; and (c) all other outgoings whatsoever in respect of the Ship owned by itany Ship, its Earnings or the Insurances applicable in relation to that Ship, ; and, forthwith upon receiving notice of the arrest of that any Ship, or of its detention in exercise or purported exercise of any lien or claim, that the Borrower shall procure its release by providing bail or otherwise as the circumstances may require.

Prevention of and release from arrest. (a) Each Borrower shall shall, in respect of the Ship owned by it, promptly discharge: (ai) all liabilities which give or may give rise to maritime or possessory liens on or claims enforceable against the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; (bii) all taxesTaxes, dues and other amounts charged in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Shipits Insurances; and (ciii) all other outgoings whatsoever in respect of the Ship owned by itthat Ship, its Earnings or the Insurances applicable to that Ship, and, forthwith its Insurances. (b) Each Borrower shall immediately upon receiving notice of the arrest of that Ship, its Ship or of its detention in exercise or purported exercise of any lien or claim, that Borrower shall take all steps necessary to procure its release by providing bail or otherwise as the circumstances may require.