Common use of Withdrawal of DOC and SMC Clause in Contracts

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such Operator’s DOC or the SMC in respect of any of the Ships;

Appears in 6 contracts

Samples: Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

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Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such Operator’s 's DOC or the SMC in respect of any of the Ships;

Appears in 4 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its Operator’s 's DOC or the SMC in respect of any of the ShipsShip;

Appears in 2 contracts

Samples: Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Diana Shipping Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its or an Operator’s DOC or the SMC in respect of any of the Shipsa Mortgaged Ship;

Appears in 2 contracts

Samples: Facilities Agreement (Omega Navigation Enterprises, Inc.), Junior Secured Loan Agreement (Omega Navigation Enterprises, Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such Operator’s DOC or the SMC in respect of any of the Collateral Ships;

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such Operator’s DOC or the SMC in respect of any either of the Ships;

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Mc Shipping Inc)

Withdrawal of DOC and SMC. and will procure that the Manager or any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its Operator’s DOC or the SMC in respect of any of the ShipsShip;

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Diana Containerships Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately Immediately inform the Agent if there is any threatened or actual withdrawal of such their or any Operator’s DOC or the SMC in respect of any of the ShipsVessel;

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Withdrawal of DOC and SMC. and will procure that the Manager or any Operator will, immediately inform the Security Agent if there is any threatened or actual withdrawal of such its Operator’s DOC or the SMC in respect of any of the ShipsShip;

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)

Withdrawal of DOC and SMC. and will procure that any Operator and each other Owner will, immediately inform the Facility Agent if there is any threatened or actual withdrawal of such its Operator’s DOC or the SMC in respect of any of the Shipseach Ship;

Appears in 2 contracts

Samples: On Delivery Facility Agreement (Paragon Shipping Inc.), On Delivery Buyer Credit Facility Agreement (DryShips Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, will immediately inform the Agent if there is any threatened or actual withdrawal of such the Borrower's or an Operator’s 's DOC or the SMC in respect of the Ships, or any of the Shipsthem;

Appears in 1 contract

Samples: Loan Agreement (American Eagle Tankers Inc LTD)

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Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its, or an Operator’s DOC or the SMC in respect of any of the Shipsa Mortgaged Ship;

Appears in 1 contract

Samples: Facilities Agreement (Aries Maritime Transport LTD)

Withdrawal of DOC and SMC. and will procure that the Technical Manager and/or any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such Operator’s DOC or the SMC in respect of any of the Ships;

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

Withdrawal of DOC and SMC. and will procure that any Operator the Owners will, immediately inform the Agent if there is any threatened or actual withdrawal of such any Owner’s or any Operator’s DOC or the SMC in respect of any of the ShipsMortgaged Ship;

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Withdrawal of DOC and SMC. and will procure that the Manager or any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its Operator’s DOC or the SMC in respect of any of the Shipseither Ship;

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its, or an Operator’s DOC or the SMC in respect of any of the Shipsa Ship;

Appears in 1 contract

Samples: Facility Agreement (Aries Maritime Transport LTD)

Withdrawal of DOC and SMC. and will procure that the Manager or any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of such its Operator’s 's DOC or the SMC in respect of any of the ShipsShip;

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Withdrawal of DOC and SMC. and will procure that any Operator will, immediately inform the Agent if there is any threatened or actual withdrawal of any Borrower’s or, as the case may be, such Operator’s DOC or the SMC in respect of any of the Ships;

Appears in 1 contract

Samples: Senior Loan Agreement (FreeSeas Inc.)

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