Common use of Registration and Security Clause in Contracts

Registration and Security. is registered in the name of the Owner through the Registry under the laws and flag of the Flag State and that the Ship and its Earnings, Insurances and Requisition Compensation (as defined in the General Assignment) are free of 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 General Assignment) are free of SecuritySecurity (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)

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;

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 Registry under the laws and flag of the 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;

Appears in 1 contract

Samples: Term Loan Facility Agreement (Danaos Corp)

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