Common use of Registration and Security Clause in Contracts

Registration and Security. is registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State and that the relevant Ship and its Earnings, Insurances and Requisition Compensation are free of Security (other than the Security created under the First Finance Documents);

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

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Registration and Security. is registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State and that the relevant Ship and its Earnings, Insurances and Requisition Compensation (as defined in the General Assignment) are free of Security (other than the Security created under the First Finance Documents)Security;

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

Registration and Security. is registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State and that the relevant Ship and its Earnings, Insurances and Requisition Compensation are free of Security (other than the Security created under the First Finance Documents)Security;

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

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Registration and Security. is registered in the name of the relevant Owner through the relevant Registry under the laws and flag of the relevant Flag State and that the relevant Ship and its Earnings, Insurances and Requisition Compensation (as defined in the relevant General Assignment) are free of Security (other than the Security created under the First Finance Documents)Security;

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

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