Vessels. Each Vessel is (a) legally and beneficially owned by the Borrower or a Principal Subsidiary, (b) registered in the name of the Borrower or such Principal Subsidiary under the flag identified in Item 5.9(b) of the Disclosure Schedule, (c) free of all recorded Liens, other than Liens permitted by Section 6.2.3, and
Appears in 8 contracts
Samples: Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD), Term Loan Agreement (Royal Caribbean Cruises LTD)
Vessels. Each Vessel is
(a) legally and beneficially owned by the Borrower or a Principal Subsidiary,
(b) registered in the name of the Borrower or such Principal Subsidiary under the flag identified in Item 5.9(b6.10(b) of the Disclosure Schedule,
(c) classed as required by Section 7.1.4(b), (cd) free of all recorded Liens, other than Liens permitted by Section 6.2.3, and7.2.3,
Appears in 5 contracts
Samples: Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD), Credit Agreement (Royal Caribbean Cruises LTD)
Vessels. Each Vessel is
(a) legally and beneficially owned by the Borrower or a Principal Subsidiary,
(b) registered in the name of the Borrower or such Principal Subsidiary under the flag identified in Item 5.9(b) of the Disclosure Schedule, except to the extent that a Vessel was acquired after the Effective Date,
(c) classed as required by Section 6.1.4(b), (d) free of all recorded Liens, other than Liens permitted by Section 6.2.3, and,
Appears in 1 contract
Vessels. Each Vessel is
(a) legally and beneficially owned by the Borrower or a Principal Subsidiary,
(b) registered in the name of the Borrower or such Principal Subsidiary under the flag identified in Item 5.9(b) of the Disclosure Schedule, ,
(c) free of all recorded Liens, other than Liens permitted by Section 6.2.3, and
(d) insured against loss or damage in compliance with Section 6.1.5.
Appears in 1 contract
Samples: Credit Agreement
