Common use of Provision of Information and Documents Clause in Contracts

Provision of Information and Documents. (a) The Shipowner will at all reasonable times afford the Mortgagee or its authorized representatives full and complete access to the Ship for the purpose of inspecting the Ship and her cargo and papers and, at the request of the Mortgagee, the Shipowner will deliver for inspection, copies of any and all contracts and documents relating to the Ship, whether on board or not. (b) The Shipowner hereby agrees to promptly furnish to the Mortgagee on demand, all charterparties or contracts of affreightment relating to the Ship and full details as to the parties, times of delivery and the like pertaining thereto. (c) On the date hereof and on an annual basis, the Shipowner shall obtain and provide the Mortgagee with a Certificate of Confirmation of Class. (d) The Shipowner agrees to assign to the Mortgagee contemporaneously with the execution of this Mortgage any charters or earnings of the Ship pursuant to the Indenture or the Supplemental Indenture. (e) The Shipowner hereby appoints the Mortgagee attorney-in-fact of the Shipowner, whether or not an event of default shall have occurred or is continuing, to appear before governmental bodies, classification societies and insurers and to demand and receive to the same extent that the Shipowner itself might, all information and certificates respecting (i) the organizational status of the Shipowner under the laws of its jurisdiction of organization or any other jurisdiction in which it may have qualified to do business, (ii) the status of the Ship under the laws and regulations of its country of registration, and its compliance with the requirements thereof, and (iii) the state of the records of the Ship or of the Shipowner in respect of the Ship in any classification society with which the Ship may be classed or of any company, association or club by whom the Ship or the Shipowner in respect of the Ship may be insured; and the Shipowner hereby agrees that the Mortgagee may execute its powers as attorney-in-fact as aforesaid through its agents, representatives and attorneys. This power of attorney is coupled with an interest and shall be irrevocable as long as any Indebtedness hereby secured remains outstanding.

Appears in 2 contracts

Samples: Deed of Covenant (Millenium Seacarriers Inc), Deed of Covenants (Millenium Seacarriers Inc)

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Provision of Information and Documents. (a) The Shipowner will at all reasonable times afford the Mortgagee or its authorized representatives full and complete access to the Ship Vessel for the purpose of inspecting the Ship Vessel and her cargo and papers and, at the request of the Mortgagee, the Shipowner will deliver for inspection, copies of any and all contracts and documents relating to the ShipVessel, whether on board or not. (b) The Shipowner hereby agrees to promptly furnish to the Mortgagee on demand, all charterparties or contracts of affreightment relating to the Ship Vessel and full details as to the parties, times of delivery and the like pertaining thereto. (c) On the date hereof and on an annual basis, the Shipowner shall obtain and provide the Mortgagee with a Certificate of Confirmation of Class. (d) The Shipowner agrees to assign to the Mortgagee contemporaneously with the execution of this Mortgage any charters or earnings of the Ship Vessel pursuant to the Indenture or the Supplemental Indenture. (e) The Shipowner hereby appoints the Mortgagee attorney-in-fact of the Shipowner, whether or not an event of default shall have occurred or is continuing, to appear before governmental bodies, classification societies and insurers and to demand and receive to the same extent that the Shipowner itself might, all information and certificates respecting (i) the organizational status of the Shipowner under the laws of its jurisdiction of organization or any other jurisdiction in which it may have qualified to do business, (ii) the status of the Ship Vessel under the laws and regulations of its country of registration, and its compliance with the requirements thereof, and (iii) the state of the records of the Ship Vessel or of the Shipowner in respect of the Ship Vessel in any classification society with which the Ship Vessel may be classed or of any company, association or club by whom the Ship Vessel or the Shipowner in respect of the Ship Vessel may be insured; and the Shipowner hereby agrees that the Mortgagee may execute its powers as attorney-in-fact as aforesaid through its agents, representatives and attorneys. This power of attorney is coupled with an interest and shall be irrevocable as long as any Indebtedness hereby secured remains outstanding.

Appears in 2 contracts

Samples: Mortgage Agreement (Millenium Seacarriers Inc), First Preferred Ship Mortgage (Millenium Seacarriers Inc)

Provision of Information and Documents. (a) The Each Shipowner will at all reasonable times afford the Mortgagee Mortgagee, the Agent and the Trustee and their respective or its authorized representatives at their risk and expense full and complete access to the Ship its Vessel or Vessels for the purpose of inspecting the Ship such Vessel or Vessels and her cargo and papers and, at the reasonable request of the Mortgagee, the Agent or the Trustee, the Shipowner will deliver for inspection, copies of any and all contracts and documents relating to the Shipsuch Vessel or Vessels, whether on board or not. (b) The Each Shipowner hereby agrees to promptly furnish to the Mortgagee Mortgagee, the Agent and the Trustee on demand, all charterparties or contracts of affreightment relating to the Ship its Vessel or Vessels and full details as to the parties, times of delivery and the like pertaining thereto. (c) On the date hereof and on an annual basis, the Shipowner shall obtain and provide the Mortgagee with a Certificate of Confirmation of Class. (d) The Each Shipowner agrees to assign to the Mortgagee contemporaneously with the execution of this Mortgage Deed any charters or earnings of the Ship its Vessel or Vessels pursuant to the Indenture or the Supplemental Indenturean Assignment of Earnings and Insurances and, with respect to any charter of a term greater than twelve (12) months, an Assignment of Contract. (ed) The Each Shipowner hereby appoints the Mortgagee attorney-in-fact of the such Shipowner, whether or not after an event Event of default Default shall have occurred or is continuing, to appear before governmental bodies, classification societies and insurers and to demand and receive to the same extent that the such Shipowner itself might, all information and certificates respecting (i) the organizational status of the such Shipowner under the laws of its jurisdiction of organization or any other jurisdiction in which it may have qualified to do business, (ii) the status of the Ship its Vessel or Vessels under the laws and regulations of its country Jurisdiction of registrationVessel Registry, and its compliance with the requirements thereof, and (iii) the state of the records of the Ship its Vessel or Vessels or of the such Shipowner in respect of the Ship its Vessel or Vessels in any classification society with which the Ship Vessel may be classed or of any company, association or club by whom the Ship Vessel or the Shipowner in respect of the Ship Vessel may be insured; and the Shipowner hereby agrees that the Mortgagee may execute its powers as attorney-in-fact as aforesaid through its agents, representatives and attorneys. This power of attorney is coupled with an interest and shall be irrevocable as long as any Indebtedness hereby secured remains outstanding.

Appears in 1 contract

Samples: Deed of Covenants (Offshore Logistics INC)

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Provision of Information and Documents. (a) The Shipowner will at all reasonable times afford the Mortgagee or its authorized representatives full and complete access to the Ship for the purpose of inspecting the Ship and her cargo and papers and, at the request of the Mortgagee, the Shipowner will deliver for inspection, copies of any and all contracts and documents relating to the Ship, whether on board or not. (b) The Shipowner hereby agrees to promptly furnish to the Mortgagee on demand, all charterparties or contracts of affreightment relating to the Ship and full details as to the parties, times of delivery and the like pertaining thereto. (c) On the date hereof and on an annual basis, the Shipowner shall obtain and provide the Mortgagee with a Certificate of Confirmation of Class. (d) The Shipowner agrees to assign to the Mortgagee contemporaneously with the execution of this Mortgage any charters or earnings of the Ship pursuant to the Indenture or the Supplemental Indenture. (e) The Shipowner hereby appoints the Mortgagee attorney-in-fact of the Shipowner, whether or not an event of default shall have occurred or is continuing, to appear before governmental bodies, classification societies and insurers and to demand and receive to the same extent that the Shipowner itself might, all information and certificates respecting (i) the organizational status of the Shipowner under the laws of its jurisdiction of organization or any other jurisdiction in which it may have qualified to do business, (ii) the status of the Ship under the laws and regulations of its country of registration, and its compliance with the requirements thereof, and (iii) the state of the records of the Ship or of the Shipowner in respect of the Ship in any classification society with which the Ship may be classed or of any company, association or club by whom the Ship or the Shipowner in respect of the Ship may be insured; and the Shipowner hereby agrees that the Mortgagee may execute its powers as attorney-in-fact as aforesaid through its agents, representatives and attorneys. This power of attorney is coupled with an interest and shall be irrevocable as long as any Indebtedness hereby secured remains outstanding.and

Appears in 1 contract

Samples: Deed of Covenants (Millenium Seacarriers Inc)

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