Common use of Prohibition of Liens Clause in Contracts

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee and for crew’s wages and salvage.

Appears in 8 contracts

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.), Pledge and Security Agreement (Genco Shipping & Trading LTD)

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Prohibition of Liens. Neither None of the Shipowner, any charterer, the Master of the Vessel nor or any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien Lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee Mortgage and for crew’s wages and salvagePermitted Collateral Vessel Liens.

Appears in 3 contracts

Samples: Intercreditor Agreement (Overseas Shipholding Group Inc), Security Agreement (Overseas Shipholding Group Inc), Intercreditor Agreement (Overseas Shipholding Group Inc)

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee and for crew’s 's wages and salvage.

Appears in 3 contracts

Samples: General Maritime Corp/, General Maritime Corp, General Maritime Corp/

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than the Mortgage, this MortgageDeed, other liens in favor of the Mortgagee and for crew’s 's wages and salvage.

Appears in 2 contracts

Samples: Credit Agreement (General Maritime Corp/), General Maritime Corp/

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur incur, assume or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire hire, any lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee Mortgagee, any other Permitted Liens and for crew’s wages and salvage.

Appears in 2 contracts

Samples: Global Assignment Agreement (Gener8 Maritime, Inc.), Global Assignment Agreement (Gener8 Maritime, Inc.)

Prohibition of Liens. Neither None of the Shipowner, any charterer, the Master of the Vessel nor or any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien Lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee Mortgage and for crew’s wages and salvagePermitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (International Seaways, Inc.), Pledge Agreement (International Seaways, Inc.)

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than the Mortgage, this MortgageDeed, other liens in favor of the Mortgagee and for crew’s wages and salvage.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Genco Shipping & Trading LTD), Pledge and Security Agreement (Genco Shipping & Trading LTD)

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Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than this Mortgage, any other Permitted Liens (including, without limitation, the First Preferred Mortgage), and other liens in favor of the Mortgagee and for crew’s wages and salvage.

Appears in 2 contracts

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Intercreditor Agreement (Gener8 Maritime, Inc.)

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur incur, assure or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire hire, any lien Lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee Mortgagee, any other Permitted Liens and for crew’s wages and salvage.

Appears in 1 contract

Samples: Global Assignment Agreement (Gener8 Maritime, Inc.)

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur incur, assume or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire hire, any lien Lien whatsoever other than this Mortgage, other liens in favor of the Mortgagee Deed and for crew’s wages and salvageany other Permitted Liens.

Appears in 1 contract

Samples: Global Assignment Agreement (Gener8 Maritime, Inc.)

Prohibition of Liens. Neither the Shipowner, any charterer, the Master of the Vessel nor any other person has or shall have any right, power or authority to create, incur or permit to be placed or imposed or continued upon the Vessel, its freights, profits or hire any lien whatsoever other than this the Mortgage, this Deed, any other Permitted Liens (including, without limitation, the First Preferred Mortgage), and other liens in favor of the Mortgagee and for crew’s wages and salvage.

Appears in 1 contract

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.)

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