Recordation of Mortgage. The Agency covenants that it will record or cause this Mortgage to be duly recorded in all offices where recordation thereof is necessary.
Recordation of Mortgage. For the purpose of recording this Preferred Mortgage the total amount is Thirty Two Million Dollars ($32,000,000) (exclusive of interest, expenses and fees) and interest and performance of mortgage covenants. The discharge amount is the same as the total amount and there is no separate discharge amount for the Vessel. It is not intended that this Mortgage shall include property other than the Vessel, and it shall not include property other than the Vessel as the term “vessel” is used in the Maritime Law. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.
Recordation of Mortgage. The cost and expense of recording this Fleet Mortgage, and the cost and expense of obtaining certified copies of this Fleet Mortgage, shall be paid by the Mortgagor, and the Mortgagor agrees to pay the same or reimburse the Mortgagee, as the case may be, within 10 days after demand. If such sums are not so paid, and if they are borne or paid by the Mortgagee, such sums shall be Mortgagee's Costs.
Recordation of Mortgage. 21 SECTION 6.10 No Waiver of Preferred Status................................................... 21 SECTION 6.11 Waiver.......................................................................... 21
Recordation of Mortgage. For the purpose of recording this First Preferred Mortgage as required by Chapter 3 of the Maritime Xxx 0000 of the Republic of the Xxxxxxxx Islands, as amended, the total amount is Fifty Two Million Three Hundred and Five Thousand Two Hundred and Thirty Eight and Thirteen Hundredths United States Dollars (US$52,305,238.13) (exclusive of interest, expenses and fees) and interest and performance of mortgage covenants. The discharge amount is the same as the total amount and there is no separate discharge amount for the Vessel. It is not intended that this Mortgage shall include property other than the Vessel and it shall not include property other than the Vessel as the term "vessel" is used in the Maritime Law. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.
Recordation of Mortgage. [For the purpose of recording this Mortgage as required by Chapter 3 of Title 21 of the Liberian Code of Laws of 1956, as amended; the parties have agreed this Mortgage is made “pursuant to agreement” within the meaning of Section 106A(3). For the purposes of said section 106(A)(3),(x) the agreed-upon maximum amount (representing all the debts and obligations arising or that may arise under the Guarantees secured by this Mortgage) is Three Billion United States Dollars US$3,000,000,000 which is comprised of (i) the aggregate principal amount of Six Hundred Million United States Dollars ($600,000,000.00) under the Revolving Credit Agreement, (ii) the aggregate principal amount of Eight Hundred Fifty Million United States Dollars ($850,000,000.00) under the Term Loan Agreement, (iii) the aggregate principal amount of Eight Hundred Fifty Million United States Dollars ($850,000,000.00) under the Indenture, (iv) the contingent amount of Three Hundred Million United States Dollars ($300,000,000.00), relating to certain hedging obligations, obligations in respect of certain cash management agreements and losses resulting from fluctuations in exchange rates related to letters of credit denominated in currencies other than US Dollars, and (v) the amount of Four Hundred Million United States Dollars ($400,000,000.00) relating to interest, fees, expenses and other costs (y) the specified period is the period from and including June 3, 2013 through and including June 3, 2030, and (z) June 3, 2030 is the date of termination of this Mortgage. It is not intended that this Mortgage shall include property other than the Vessel and it shall not include property other than the Vessel as the term “vessel” is used in subdivision 1 of Section 106 of Chapter 3 of the Title 21 of the Liberian Code of Laws of 1956, as amended. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.]7
Recordation of Mortgage. For the purpose of recording this First Preferred Mortgage as required by Chapter 3 of the Maritime Act 1990 of the Republic of the Xxxxxxxx Islands, as amended, the total amount is [___] United States Dollars (U.S.$[__]) plus interest, expenses and performance of mortgage covenants. It is not intended that this Mortgage shall include property other than the Vessel and it shall not include property other than the Vessel as the term “vessel” is used in the Maritime Law. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.
Recordation of Mortgage. For the purpose of ----------------------- recording this First Preferred Mortgage the total amount is One Hundred Five Million United States Dollars (U.S.$105,000,000) (exclusive of interest, expenses and fees) and interest and performance of mortgage covenants. The discharge amount is the same as the total amount and there is no separate discharge amount for the Vessel. It is not intended that this Mortgage shall include property other than the Vessel, and it shall not include property other than the Vessel as the term "vessel" is used in Subsection (c)(2) of Section 31322 of Title 46 United States Code, as amended. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.
Recordation of Mortgage. For the purpose of recording this First Preferred Mortgage as required by the Maritime Law, the total amount is Two Hundred Eighty Million United States Dollars (USD280,000,000) plus the amount of any interest, commission, default interest, fees, costs and expenses accrued in respect of the Secured Obligations and performance of mortgage covenants. The discharge amount is the same as the total amount and the date of maturity of this Mortgage is on demand. It is not intended that this Mortgage shall include property other than the Vessel and it shall not include property other than the Vessel as the term “vessel” is used in the Maritime Law. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero-point zero one percent (0.01%) of the total amount.
Recordation of Mortgage. For the purpose of recording this First Preferred Mortgage as required by Chapter 3 of the Maritime Xxx 0000 of the Republic of the Xxxxxxxx Islands, as amended, the total amount is Xxx Xxxxxxx Xxxxx Xxxxx Xxxxxxx Xxxxxx Xxxxxx Dollars (U.S.$143,000,000) and interest, expenses and performance of mortgage covenants, of this amount, (a) Xxx Xxxxxxx Xxxxxx Xxxxxxx Xxxxxx Xxxxxx Dollars ($130,000,000) is attributable to the Loan under the Credit Agreement, and (b) Thirteen Million United States Dollars ($13,000,000) is attributable to the Hedging Liability under the Interest Rate Agreements. It is not intended that this Mortgage shall include property other than the Vessel and it shall not include property other than the Vessel as the term "vessel" is used in the Maritime Law. Notwithstanding the foregoing, for property other than the Vessel, if any should be determined to be covered by this Mortgage, the discharge amount is zero point zero one percent (0.01%) of the total amount.
