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 the Flag State by unconstitutional means unless the Borrower shall have transferred the Vessel onto a new flag acceptable to the Lender within thirty (30) days of the Lender’s written request to the Borrower to effect such transfer; or

Unrest. the Flag State of the any Vessel becomes involved in hostilities or civil war or there is a seizure of power in the that Flag State by unconstitutional means (which hostilities or civil war or seizure of power would reasonably be expected to have a Material Adverse Effect) unless the Borrower Owner of the Vessel registered in such Flag State shall have transferred the its Vessel onto a new flag acceptable to the Lender within thirty forty five days (3045) days of the Lender’s written request to the Borrower to effect start of such transferhostilities or civil war or seizure of power; or

Unrest. the Flag State of the Vessel becomes involved in hostilities or civil war or there is a seizure of power in the Flag State by unconstitutional means unless the Borrower shall have transferred the Vessel onto a new flag acceptable to the Lender within thirty (30) days of the Lender’s written request to the Borrower to effect start of such transferhostilities or civil war or seizure of power; or

Unrest. the Flag State of the a Vessel becomes involved in hostilities or civil war or there is a seizure of power in the Flag State by unconstitutional means unless the Borrower Owner of the Vessel registered in such Flag State shall have transferred the its Vessel onto a new flag acceptable to the Lender within thirty (30) days of the Lender’s written request to the Borrower Borrowers to effect such transfer; or