Registration of Vessel. The Borrower undertakes to maintain the registration of the Vessel under the flag stated in Recital (A) for the duration of the Facility Period unless the Lender agrees otherwise in writing.
Appears in 6 contracts
Samples: Secured Loan Agreement (Paragon Shipping Inc.), Secured Loan Agreement (Top Ships Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Registration of Vessel. The Borrower undertakes to maintain the registration of the Vessel under the flag stated in Recital (A) (or such other flag acceptable to the Lender in its discretion) for the duration of the Facility Period unless the Lender agrees otherwise in writing.
Appears in 3 contracts
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Registration of Vessel. The Borrower undertakes to register the Vessel and maintain the registration of the Vessel under the flag stated in Recital (A) an Approved Flag for the duration of the Facility Period unless the Lender agrees otherwise in writing.
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Registration of Vessel. The Borrower undertakes to maintain the registration of the Vessel under the flag stated referred to in Recital (AB) from the Delivery Advance Date and for the duration remainder of the Facility Period unless the Lender agrees otherwise in writingPeriod.
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Registration of Vessel. The Borrower undertakes to register and maintain the registration of the Vessel under the flag stated in Recital (A) for the duration of the Facility Period unless the Lender agrees otherwise in writing.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
Registration of Vessel. The Borrower undertakes to maintain the registration of the Vessel under the flag stated referred to in Recital (A) for the duration of the Facility Period unless the Lender agrees otherwise in writingPeriod.
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Registration of Vessel. The Each Borrower undertakes to register and maintain the registration of the its Vessel under the flag stated in Recital (A) an Approved Flag for the duration of the Facility Period unless the Lender Agent agrees otherwise in writing.
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