Common use of Unrest Clause in Contracts

Unrest. the Flag State of the Vessel becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents, unless the Ship is re-registered within thirty (30) days from the occurrence of such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional means; or

Unrest. the Flag State of the Vessel becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State by unconstitutional means if, in any such case, such event could in unless the opinion of Borrower shall have transferred the Vessel onto a new flag acceptable to the Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents, unless the Ship is re-registered within thirty (30) days from of the occurrence of Lender’s written request to the Borrower to effect such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional meanstransfer; or

Unrest. the Flag State of the any Vessel becomes involved in hostilities or civil war or there is a seizure of power in such that Flag State by unconstitutional means if, in any such case, such event could in the opinion (which hostilities or civil war or seizure of the Lender power would reasonably be expected to have a material adverse effect on Material Adverse Effect) unless the security constituted by any Owner of the Security Documents, unless Vessel registered in such Flag State shall have transferred its Vessel onto a new flag acceptable to the Ship is re-registered Lender within thirty forty five days (3045) days from of the occurrence start of such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional meanspower; or

Unrest. the Flag State of the Vessel becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State by unconstitutional means if, in any such case, such event could in unless the opinion of Borrower shall have transferred the Vessel onto a new flag acceptable to the Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents, unless the Ship is re-registered within thirty (30) days from of the occurrence start of such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional meanspower; or

Unrest. the Flag State of the a Vessel becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State by unconstitutional means if, in any such case, such event could in unless the opinion Owner of the Vessel registered in such Flag State shall have transferred its Vessel onto a new flag acceptable to the Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents, unless the Ship is re-registered within thirty (30) days from of the occurrence of Lender’s written request to the Borrowers to effect such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional meanstransfer; or