Common use of USA Pollution Risk Insurance Clause in Contracts

USA Pollution Risk Insurance. (in case that the vessel is scheduled to operate within or nearby USA jurisdiction) to cover and keep such vessel covered with an extra insurance in respect of oil pollution liability for an amount and upon such terms as required by international and national law regulations and shall from time to time be required by the Bank; and

Appears in 7 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Agreement (Top Ships Inc.), Loan Agreement (Diana Shipping Inc.)

AutoNDA by SimpleDocs

USA Pollution Risk Insurance. (in case that the vessel Vessel is scheduled to operate within or nearby USA jurisdiction) to cover and keep such vessel Vessel covered with an extra insurance in respect of oil pollution liability for an amount and upon such terms as required by international and national law regulations and shall from time to time be required by the Bank; and

Appears in 2 contracts

Samples: Second Supplemental Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

USA Pollution Risk Insurance. (in case that the vessel is scheduled to operate within or nearby USA jurisdiction) to cover and keep such vessel covered with an extra insurance in respect of oil pollution liability for an amount and upon such terms as required by international and national law regulations and shall from time to time be required approved by the Bank; and

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

AutoNDA by SimpleDocs

USA Pollution Risk Insurance. (in In case that the vessel Ship is scheduled to operate within or nearby USA jurisdiction) to cover and keep such vessel Ship covered with an extra insurance in respect of oil pollution liability for an amount and upon such terms as required by international and national law regulations and shall from time to time be required by the BankMortgagee; and

Appears in 1 contract

Samples: FreeSeas Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.