Recording: Clause Clause Samples
A Recording Clause establishes the parties' rights and obligations regarding the recording of audio, video, or other media during the course of their agreement. Typically, it specifies whether recording is permitted, under what circumstances, and who retains ownership or control over the resulting recordings. This clause helps prevent disputes by clarifying expectations about privacy, consent, and the use or distribution of recorded material.
Recording: Clause. 26 SECTION 6.
Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of Title 21 of the Liberian Code of Laws of 1956, as amended, the total amount of this Mortgage is Five Hundred Eight Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 United States Dollars (U.S. $508,977,536.95), and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.
Recording: Clause. For the purpose of recording this Mortgage as required by Chapter 3 of the Maritime Act, the total amount of the direct and contingent obligations secured by this Mortgage is $[●] (of which (a) U.S.$[●] is attributable to the Facilities and (b) U.S.$[●] is attributable to the Swap Exposure) together with interest, fees, commissions and performance of mortgage covenants. [The date of maturity of this Mortgage is [●] and there is no separate discharge amount.]
Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of the Republic of the ▇▇▇▇▇▇▇▇ Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is One Billion United States Dollars (U.S. $1,000,000,000), and interest and performance of mortgage covenants. The maturity date of this Mortgage is October 25, 2015. There is no separate discharge amount.
Recording: Clause. For purposes of recording this First Preferred Mortgage as required by Chapter 3 of the Republic of the ▇▇▇▇▇▇▇▇ Islands Maritime Act of 1990, as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Five Hundred Eight Million Nine Hundred Seventy-Seven Thousand Five Hundred Thirty-Six and 95/100 United States Dollars (U.S. $508,977,536.95), and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.
Recording: Clause. The total amount of the direct and contingent obligations secured by this Mortgage is U.S.$[*] (of which (a) U.S.$230,000,000 is attributable to the Facilities and (b) U.S.$[*] is attributable to the Swap Exposure) together with interest, fees, commissions and performance of mortgage covenants. The date of maturity of this Mortgage is on demand and there is no separate discharge amount.
Recording: Clause. For purposes of recording this Mortgage as required by Chapter 3 of Title 21 of the Liberian Code of Laws of 1956, as amended, the total amount of this Mortgage is Six Hundred, Ninety-Seven Million, Two Hundred Thousand United States Dollars (U.S. $697,200,000), of which Five Hundred Eighty-One Million United States Dollars (U.S. $581,000,000) represents the amounts owing under the Credit Agreement and On▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇ollars (U.S. $116,200,000) represents the amounts owing under any Interest Rate Protection Agreements or Other Hedging Agreements, and interest and performance of mortgage covenants. The maturity date is on demand. There is no separate discharge amount.
Recording: Clause. The maximum principal amount that may be outstanding under this Mortgage is One Hundred and Seven Million United States Dollars (U.S. $107,000,000) and for the purpose of recording this Mortgage, the total amount of this First Preferred Mortgage is One Hundred and Seven Million United States Dollars (U.S. $107,000,000) and interest, prepayment fees, and performance of mortgage covenants. The maturity date with respect to One Hundred Million United States Dollars (U.S. $100,000,000) of the principal amount secured by this Mortgage is July 15, 2005 and the maturity date with respect to Seven Million United States Dollars (US $7,000,000) of the principal amount secured by this Mortgage is July 24, 1999. The discharge amount is the same as the total amount.
Recording: Clause. Section 6. Further Assurances Section 7. Governing Law Section 8. Additional Rights of the Mortgagee SIGNATURE This First Preferred Ship Mortgage made [CLOSING DATE] (this “Mortgage”), by [SHIPOWNER], a Liberian limited liability company (the “Shipowner”), in favor of NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Security Trustee (together with its successors in trust and assigns, the “Mortgagee”), pursuant to the Credit Agreement referred to below.
Recording: Clause. Section 6.