Common use of Repair and classification Clause in Contracts

Repair and classification. The Borrower shall procure that the Owner and each Approved Manager shall, keep the Ship in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 2 contracts

Samples: Agreement (Capital Product Partners L.P.), Agreement (Capital Product Partners L.P.)

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Repair and classification. The Borrower shall procure that each Owner shall, and shall procure that the Owner and each Approved Manager shall, keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Repair and classification. The Each Borrower shall, and shall procure that the Owner and each Approved Manager shall, keep the Ship owned by that Borrower in a good and safe condition and state of repair, sea and cargo worthy in all respects:: 55

Appears in 1 contract

Samples: Loan Agreement (Global Ship Lease, Inc.)

Repair and classification. The Borrower shall procure that the each Owner and each ensures that an Approved Manager shall, keep the Ship owned by that Owner in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Repair and classification. The Borrower shall procure that each Owner ensures that the Owner and each Approved Manager shall, keep the Ship owned by that Owner in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Repair and classification. The Borrower shall, and shall procure that the each Owner and each Approved Manager shall, keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

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Repair and classification. The Borrower shall, and shall procure that the Owner and each Approved Manager shall, keep the Ship owned by the Owner in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Repair and classification. The Borrower shall procure that the each Owner and each Approved Manager shall, Buyer shall keep the Ship or, as the case may be, its New Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Repair and classification. The Each Borrower shall, and shall procure that the Owner and each Approved Manager shall, keep the Ship owned by it in a good and safe condition and state of repair, sea and cargo worthy in all respects:

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Management Inc.)

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