Ship’s name and registration. Each Borrower shall keep its Ship registered in its name in the Panamanian ship registry; shall not 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.
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Ship’s name and registration. Each The Borrower shall procure that each Owner shall keep its the Ship owned by it registered in its name in the as a Panamanian ship registryShip; 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 its Shipthe 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 The Owner shall keep its the Ship registered in its name in the as a Panamanian ship registryship; shall not 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 the Ship.
Appears in 1 contract
Ship’s name and registration. Each The Borrower shall keep its the Ship registered in its name in the as a Panamanian ship registry; and shall not 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 the Ship.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Ship’s name and registration. Each The Borrower shall keep its the Ship registered in its name in the Panamanian ship registryShip Registry; 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 the Ship.
Appears in 1 contract
Ship’s name and registration. Each Borrower shall keep its the Ship owned by it registered in its name in the Panamanian ship registryShip Registry; shall not 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 its Shipthe Ship owned by it.
Appears in 1 contract
Samples: Agreement (TBS International LTD)