Common use of Removal of parts Clause in Contracts

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Ship, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any substantial risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage and the Deed of Covenant Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower No Guarantor shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the Borrower Guarantor concerned and subject to the security constituted by the Mortgage Provided that the Borrower a Guarantor may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower None of the Borrowers shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall procure that the Owner shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower Owner and subject to the security constituted by the Mortgage Provided that the Borrower Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the each Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the its Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not procure that neither Owner shall remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the Borrower relevant Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower any Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Neither Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Ship, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower Borrowers shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the Borrower Borrowers may install equipment owned by a third party if the equipment can be removed without any risk of damage to the relevant Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the each Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the its Ship.

Removal of parts. The Each Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship Ship, the property of the Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any material item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall procure that the Owner shall not remove any material part of the Ship, or any item of equipment installed on the Shipthereon, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower Owner and subject to the security constituted by the Mortgage Provided that the Borrower Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the relevant Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the any Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Neither Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage (if applicable) Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not procure that the Owner shall neither remove any material part of the Ship, or nor any item of equipment installed on the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage (if applicable) Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the that Borrower and subject to the security constituted by the Mortgage Mortgage, relative to the Ship Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any material risk of damage to the Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the that Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the Borrower concerned and subject to the security constituted by the relevant Mortgage Provided that the an Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not procure that no Owner shall remove any material part of the its Ship, or any item of equipment installed on the Ship, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the Borrower that Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower an Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Shipit, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not nor remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the Mortgage Provided a Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of material damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Lenders and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the relevant Mortgage Provided that the Borrower may install leased equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the relevant Mortgage and Second Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage and the Deed of Covenant Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the that Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the that Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Shipit, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that PROVIDED THAT the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not nor remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The A Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Shipon, such Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Lenders and becomes on installation on the that Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install leased equipment owned by a third party if the equipment can be removed without any risk of damage to the its Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the Borrower and subject to the security constituted by the relevant Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove any material part of the Ship, Ship or any item of equipment installed on the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall not remove or allow the removal of any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that PROVIDED THAT the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Ship, or any item of equipment installed on the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the Mortgage and any Deed of Covenant Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower shall procure that the Owner shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Lenders and becomes on installation on the Ship the property of the Borrower Owner and subject to the security constituted by the Mortgage Provided that the Borrower Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The Borrower It shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the that Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the Mortgage Provided that the that Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the that Ship.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the that Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the such Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the such Ship.

Removal of parts. The Borrower It shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the that Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the Mortgage Provided that the that Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the that Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower No Owner shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the Borrower relevant Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower an Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not remove any material part of the Financed Ship, or any item of equipment installed on the Shipit, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Financed Ship the property of the Borrower and subject to the security constituted by the Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Financed Ship.

Removal of parts. The Borrower No New Owner shall not remove any material part of the Ship, its Ship or any item of equipment installed on the Ship, its Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as as, or better condition than than, the part or item removed, does not materially reduce the value of its Ship, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the its Ship the property of the Borrower relevant New Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower a New Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the its Ship.

Removal of parts. The Borrower shall not remove any material part of the any Ship, or any item of equipment installed on any Ship, except in the Shipnormal course of maintenance and repair, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the Ship the property of the Borrower and subject to the security constituted by the relevant Mortgage Provided that the Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip concerned.

Removal of parts. The Borrower shall procure that the Owner shall not remove any material part of the Ship, or any item of equipment installed on the Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the Ship the property of the Borrower Owner and subject to the security constituted by the Mortgage Provided that the Borrower Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the a Mortgage Provided , provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Neither Borrower shall not remove any material part of the its Ship, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the that Borrower and subject to the security constituted by the relevant Mortgage (if applicable) Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the Shipon, any Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not procure that no Owner shall remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the that Ship the property of the Borrower that Owner and subject to the security constituted by the Mortgage Provided that the Borrower an Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the any Ship, or any item of equipment installed on the a Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the relevant Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The No Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the that Borrower and subject to the security constituted by the Mortgage Provided a Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Neither Borrower shall not remove any material part of the Ship, its Ship or any item of equipment installed on the Ship, either Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender Security Trustee and becomes on installation on the relevant Ship the property of the relevant Borrower and subject to the security constituted by the Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall procure that the Owner shall not remove any material part of the Ship, or any item of equipment installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the Borrower relevant Owner and subject to the security constituted by the relevant Mortgage Provided that the Borrower any Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip and may install an open loop scrubber system.

Removal of parts. The Borrower shall not remove any material part of owned by it from the Ship, or any item of equipment owned by it installed on on, the Ship, Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship Ship, the property of the Borrower that Security Party and subject to the security constituted by the Mortgage Provided Mortgage, provided that the Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the Ship.

Removal of parts. The No Borrower shall not remove any material part of its the Ship, or any item of equipment installed on the its Ship, unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the a Ship the property of the that Borrower and subject to the security constituted by the Mortgage Provided that the a Borrower may install equipment owned by a third party if the equipment can be removed without any risk of damage to the its Ship.

Removal of parts. The Neither Borrower shall not remove any material part of the ShipShip owned by it, or any item of equipment installed on the Shipon, that Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour favor of any person other than the Lender Security Trustee and becomes on installation on the Ship that Ship, the property of the Borrower and subject to the security constituted by the Mortgage Provided Mortgage, provided that the a Borrower may install and remove equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.

Removal of parts. The Borrower shall not procure that neither Owner shall remove any material part of the either Ship, or any item of equipment installed on the Shipon, either Ship unless the part or item so removed is forthwith replaced by a suitable part or item which is in the same condition as or better condition than the part or item removed, is free from any Security Interest or any right in favour of any person other than the Lender and becomes on installation on the relevant Ship the property of the Borrower relevant Owner and subject to the security constituted by the Mortgage Provided that the Borrower an Owner may install equipment owned by a third party if the equipment can be removed without any risk of damage to the ShipShip owned by it.