Registration and Encumbrances. is permanently registered in the name of the relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Agreement (Diana Containerships Inc.)
Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant such Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances, unless permitted under this Agreement;
Appears in 2 contracts
Samples: Agreement (Seanergy Maritime Holdings Corp.), Seanergy Maritime Holdings Corp.
Registration and Encumbrances. is permanently registered in the name of the relevant Borrower Owner under the laws and flag of the relevant Flag State through the relevant Registry and that the such Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 2 contracts
Samples: Loan Agreement (Globus Maritime LTD), Agreement (FreeSeas Inc.)
Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 2 contracts
Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.)
Registration and Encumbrances. is provisionally or permanently registered in the name of the relevant Borrower Additional Owner under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant Additional Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 2 contracts
Samples: Facility Agreement (Freeseas Inc.), Loan Agreement (FreeSeas Inc.)
Registration and Encumbrances. is permanently or provisionally registered in the name of the relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant such Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Registration and Encumbrances. is permanently registered in the name of the relevant Relevant Borrower under the laws and flag of the relevant Flag State through the relevant Registry and that the such Relevant Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security DocumentsDeed of Covenant) are free of Encumbrances;
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Registration and Encumbrances. is permanently registered in the name of the relevant Borrower Owner under the laws and flag of the relevant Flag State through the relevant Registry and that the Relevant First Ship and its Earnings, Insurances and Requisition Compensation (each as defined in the relevant Ship Security Documents) are free of Encumbrances;
Appears in 1 contract
Samples: Loan Agreement (Globus Maritime LTD)
