Common use of Ship’s name and registration Clause in Contracts

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 16 contracts

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

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Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 13 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name ownership under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itany Ship.

Appears in 11 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp), Loan Agreement (Capital Product Partners L.P.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 6 contracts

Samples: Loan Agreement (EuroDry Ltd.), Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Ship’s name and registration. Each Borrower Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 5 contracts

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

Ship’s name and registration. Each The Borrower shall ensure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; imperilled and shall not change the name or port of registry of the Ship owned by it.

Appears in 4 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 4 contracts

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

Ship’s name and registration. Each Borrower shall keep register the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itsuch Ship.

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 3 contracts

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

Ship’s name and registration. Each The Borrower shall procure that the Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 3 contracts

Samples: Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Ship’s name and registration. Each From the Delivery Date, the Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry or flag of the Ship owned by itwithout the prior written consent of the Agent (acting on the authority of the Majority Lenders), such consent not to be unreasonably withheld.

Appears in 3 contracts

Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the relevant Approved FlagFlag at its relevant port of registry; shall not do, do or omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the applicable Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Ship’s name and registration. Each Borrower shall keep the its Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry or flag of that Ship without the prior written consent of the Ship owned by itAgent (acting on the authority of the Majority Lenders), such consent not to be unreasonably withheld.

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

Ship’s name and registration. Each Borrower Owner shall keep the Ship owned by it registered in its name as a ship registered under an Approved Flag; Flag and shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 2 contracts

Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved FlagFlag free of any Security Interest other than a Permitted Security Interest; and shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not not, without the prior written consent of the Security Trustee change the name or port of registry of the Ship owned by it.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Containers Inc.)

Ship’s name and registration. Each Borrower shall, and shall procure that the Collateral Owner shall, keep the Ship owned by it registered in its name ownership under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by ita Ship.

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)

Ship’s name and registration. Each The Borrower shall procure that the Owner shall keep the Ship owned by it registered in its name ownership under an Approved Flagthe Xxxxxxxx Islands flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, do or omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (DryShips Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 2 contracts

Samples: Loan Agreement, Agreement (Dynagas LNG Partners LP)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 2 contracts

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

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an the relevant Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; imperilled and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 2 contracts

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

Ship’s name and registration. Each Borrower shall procure that each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flagthe Xxxxxxxx Islands flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Management Inc.), Loan Agreement (Star Bulk Management Inc.)

Ship’s name and registration. Each The Borrower shall procure that the Owner shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 2 contracts

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

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or 'allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.that Ship,

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Ship’s name and registration. Each Borrower shall keep the its Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name ownership under an Approved the relevant Designated Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itany Ship.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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Ship’s name and registration. Each The Borrower shall procure that the Owner shall keep the Ship owned by it registered in its name ownership under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of either Ship without the Ship owned by itprior written approval of the Agent, such approval not to be unreasonably withheld.

Appears in 1 contract

Samples: Agreement (Scorpio Tankers Inc.)

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itShip, in each case without the prior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of any Ship without the Ship owned by itprior written approval of the Agent, such approval not to be unreasonably withheld.

Appears in 1 contract

Samples: Agreement (Scorpio Bulkers Inc.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of either Ship without the Ship owned by itprior written approval of the Agent, such approval not to be unreasonably withheld.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flagon the flag indicated in Schedule 6; shall procure that each Owner shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.it Provided that the Borrower may transfer the Ships to another Approved Flag subject to:

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name ownership under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itany Ship.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Ship’s name and registration. Each Borrower Owner shall keep the Ship owned by it registered in its name as a ship registered under an Approved Flag; Flag and shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry or the name of the Ship owned by itthat Ship.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of that Ship without the Ship owned by itprior written consent of the Agent, which shall not be unreasonably withheld or delayed, and shall remain acceptable to the Agent at all times.

Appears in 1 contract

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

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by it.

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of that Ship without the Ship owned by itprior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

Ship’s name and registration. Each Borrower shall keep the its Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of its Ship, in each case without the Ship owned by itprior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name flag or port of registry or the name of the Ship owned by itit without the Agent's prior written consent (such consent not be unreasonably withheld).

Appears in 1 contract

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

Ship’s name and registration. Each The Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itwithout the consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Ship’s name and registration. Each The Borrower shall ensure that the Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; imperilled and shall not change the name or port of registry of the Ship owned by itShip.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name ownership under an Approved Flagthe Mxxxxxxx Islands flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 1 contract

Samples: Agreement (Star Bulk Carriers Corp.)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an the Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itit without the Lender’s prior written consent.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Ship’s name and registration. Each Borrower (a) Subject to Clause 12.2(b), each Obligor that owns a Ship shall keep the Ship or Ships owned by it registered in its name under the law of an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilledimperiled; and shall not change the flag, name or port of registry any Ship without the prior written consent of the Ship owned by itFacility Agent, given with the authority of the Majority Lenders.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of the Ship owned by itthat Ship.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Ship’s name and registration. Each Borrower shall keep the Ship owned by it registered in its name under an Approved Flag; shall not do, omit to do or allow to be done anything as a result of which such registration might be cancelled or imperilled; and shall not change the name or port of registry of that Ship without the Ship owned by itprior written consent of the Agent, which shall not be unreasonably withheld, and shall remain acceptable to the Agent at all times.

Appears in 1 contract

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

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