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: Amending and Restating Deed, Loan Agreement (EuroDry Ltd.), Amending and Restating Deed (Global Ship Lease, 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 13 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan 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.), Amending and Restating 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.), Amending and Restating 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 Borrower shall shall:
(a) keep the Ship owned by it registered in its name under an the law of the Approved Flag; shall Flag on which it was registered when the Advance relating to such Ship was made;
(b) 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 and
(c) not change the name or port of registry of such Ship on which it was registered or documented when it became subject to the Ship owned by itMortgage.
Appears in 5 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Ship’s name and registration. Each The Borrower shall procure that each Owner shall:
(a) keep the Ship owned by it registered in its name ownership under an Approved Flag;
(b) not change the name or port of registry of any Ship; shall and
(c) 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 5 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers 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 shall:
(a) keep the Ship owned by it registered in its name under the law of an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of the on which such Ship owned by itwas registered when it became subject to a Mortgage.
Appears in 4 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.), Loan Agreement (Scorpio Tankers 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 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 (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
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: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan 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 Borrower Shipowner shall keep the Ship owned by it registered in its name under an Approved Flag; at the ship registry and port indicated in Schedule 3, 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 3 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas 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 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: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
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 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 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 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 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: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)
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, Loan Agreement (Dynagas LNG Partners LP)
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), Loan Agreement (Euronav NV)
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 Flagas a Panamanian Ship; 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 (other than as contemplated in the Recitals) or port of registry of the Ship owned by it.
Appears in 2 contracts
Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)
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: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Gala Properties Inc.)
Ship’s name and registration. Each Borrower shall shall:
(a) keep the Ship owned by it registered in its name under the law of an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of such Ship on which it was registered or documented when it became subject to the Ship owned by itMortgage.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
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 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 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: Amending and Restating 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 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: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Supplemental Agreement (Navios Maritime Containers 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: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product 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 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: Loan Agreement (Star Cosmo Llc.), 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 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 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 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 (DryShips Inc.), Loan Agreement (StealthGas Inc.)
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 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
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 shall:
(a) keep the Ship owned by it registered in its name under the law of an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of the on which its Ship owned by itwas registered when it became subject to a Mortgage.
Appears in 1 contract
Ship’s name and registration. Each The Borrower shall shall:
(a) keep the Ship owned by it registered in its name under an the law of the Approved Flag; shall Flag on which it was registered when the Advance was made;
(b) 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 and
(c) not change the name or port of registry of the Ship owned by iton which it was registered or documented when it became subject to the Mortgage.
Appears in 1 contract
Ship’s name and registration. Each Borrower shall shall:
(i) keep the Ship owned by it registered in its name under an the law of the Approved Flag; shall Flag on which it was registered when the Advance relating to such Ship was made;
(j) 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 and
(k) not change the name or port of registry of such Ship on which it was registered or documented when it became subject to the Ship owned by itMortgage.
Appears in 1 contract
Ship’s name and registration. Each The Borrower shall procure that each Owner shall:
(a) keep the Ship owned by it registered in its name ownership under an Approved Flag;
(b) not change the name or port of registry of either Ship; shall and
(c) 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
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 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
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
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
Ship’s name and registration. Each The Borrower shall shall:
(a) keep the Ship owned by it registered in its name under an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of its Ship without the Ship owned by itprior written consent of the Lender.
Appears in 1 contract
Samples: Loan Agreement (Diana 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 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: Amending and Restating Agreement (Star Bulk Carriers 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 any Ship without the Ship owned by itprior written approval of the Agent, such approval not to be unreasonably withheld.
Appears in 1 contract
Ship’s name and registration. Each The Borrower shall shall:
(a) keep the Ship owned by it registered in its name under the law of an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of on which the Ship owned by itwas registered when it became subject to a Mortgage.
Appears in 1 contract
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 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
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 Borrower shall Shipowner shall:
(a) keep the Ship owned by it registered in its name under the law of an Approved Flag; shall ;
(b) 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 name or port of registry of the Ship owned by it.and
Appears in 1 contract
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
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
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
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 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
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
Ship’s name and registration. Each Borrower shall shall:
(a) keep the Ship owned by it registered in its name under an Approved Flag; shall ;
(b) 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 and
(c) not change the name or port of registry of its Ship without the Ship owned by itprior written consent of the Lender, such consent not to be unreasonably withheld.
Appears in 1 contract
Samples: 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 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
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
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 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
Ship’s name and registration. Each The Borrower shall shall:
(i) keep the Ship owned by it registered in its name under an the law of the Approved Flag; shall Flag on which it was registered when the Advance was made;
(j) 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 and
(k) not change the name or port of registry of the Ship owned by iton which it was registered or documented when it became subject to the Mortgage.
Appears in 1 contract
Ship’s name and registration. Each The Borrower shall procure that each Owner:
(a) shall keep the Ship owned by it registered in its name under an Approved Flag; ;
(b) 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 and
(c) shall not notify the Agent of any change of the name or port of registry of the Ship owned by it.
Appears in 1 contract
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
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 Flagthe Panamanian Ship 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 it.
Appears in 1 contract
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.
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