{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "original-closing-date-ship-mortgage", "type": "definition", "offset": [10, 45]}, {"key": "atb-ship-mortgage", "type": "definition", "offset": [51, 68]}, {"key": "first-preferred-fleet-mortgage", "type": "definition", "offset": [77, 107]}], "samples": [{"hash": "adAVllgi8ZY", "uri": "/contracts/adAVllgi8ZY#ship-mortgages", "label": "Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)", "score": 36.5920600891, "published": true}, {"hash": "8lMapWXxpzv", "uri": "/contracts/8lMapWXxpzv#ship-mortgages", "label": "Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)", "score": 35.3134841919, "published": true}, {"hash": "ksY9vPaIIa7", "uri": "/contracts/ksY9vPaIIa7#ship-mortgages", "label": "Revolving Credit and Security Agreement (Great Lakes Dredge & Dock CORP)", "score": 33.5804252625, "published": true}], "size": 8, "snippet": "means the Original Closing Date Ship Mortgage, the ATB Ship Mortgage and any first preferred fleet mortgage in substantially the same form as the Original Closing Date Ship Mortgage.", "hash": "aff4a8ed5630c467a488e8c89fad8540", "id": 1}, {"snippet_links": [], "samples": [{"hash": "3tspySM0VwF", "uri": "/contracts/3tspySM0VwF#ship-mortgages", "label": "Credit Agreement (Isle of Capri Casinos Inc)", "score": 19.0, "published": true}, {"hash": "1KQceoFSoCQ", "uri": "/contracts/1KQceoFSoCQ#ship-mortgages", "label": "Credit Agreement (Isle of Capri Casinos Inc)", "score": 19.0, "published": true}, {"hash": "hHZDShUKUtB", "uri": "/contracts/hHZDShUKUtB#ship-mortgages", "label": "Credit Agreement (Isle of Capri Casinos Inc)", "score": 18.0, "published": true}], "size": 4, "snippet": "means all such instruments, collectively.", "hash": "8da68d534fd79d0fd5b3ed3a38f20661", "id": 2}, {"snippet_links": [], "samples": [{"hash": "grlXUXG4Gfi", "uri": "/contracts/grlXUXG4Gfi#ship-mortgages", "label": "Loan Agreement (Stena Ab)", "score": 19.0, "published": true}, {"hash": "agYmerzZWt3", "uri": "/contracts/agYmerzZWt3#ship-mortgages", "label": "Loan Agreement (Stena Ab)", "score": 19.0, "published": true}, {"hash": "loana8mMLtx", "uri": "/contracts/loana8mMLtx#ship-mortgages", "label": "Facility Agreement (Stena Ab)", "score": 18.0, "published": true}], "size": 4, "snippet": "means all of such mortgages;", "hash": "e753551c999c1f773573fa4b22611f40", "id": 3}, {"snippet_links": [{"key": "preferred-ship-mortgages", "type": "definition", "offset": [35, 59]}, {"key": "relating-to", "type": "definition", "offset": [60, 71]}, {"key": "owned-by", "type": "definition", "offset": [83, 91]}, {"key": "mortgage-borrower", "type": "clause", "offset": [106, 123]}, {"key": "on-schedule", "type": "definition", "offset": [178, 189]}], "samples": [{"hash": "pHdy16S2CX", "uri": "/contracts/pHdy16S2CX#ship-mortgages", "label": "Mezzanine Loan Agreement (Wyndham International Inc)", "score": 21.0, "published": true}, {"hash": "dgyYaA7lA8", "uri": "/contracts/dgyYaA7lA8#ship-mortgages", "label": "Mezzanine Loan Agreement (Wyndham International Inc)", "score": 21.0, "published": true}, {"hash": "9enSCRGBk0n", "uri": "/contracts/9enSCRGBk0n#ship-mortgages", "label": "Mezzanine Loan Agreement (Wyndham International Inc)", "score": 21.0, "published": true}], "size": 4, "snippet": "means, collectively, those certain Preferred Ship Mortgages relating to ferryboats owned by either El Con Mortgage Borrower or Ferryboat Affiliate as more particularly described on Schedule 1.7 hereto.", "hash": "26893d8a86a0f740210e39ef2156184e", "id": 4}, {"snippet_links": [{"key": "the-administrative-agent", "type": "clause", "offset": [126, 150]}, {"key": "with-respect-to", "type": "clause", "offset": [152, 167]}, {"key": "the-loan-parties", "type": "definition", "offset": [190, 206]}, {"key": "the-us", "type": "clause", "offset": [212, 219]}, {"key": "coast-guard", "type": "definition", "offset": [221, 232]}, {"key": "executed-and-delivered", "type": "clause", "offset": [234, 256]}, {"key": "certain-of-the", "type": "clause", "offset": [260, 274]}, {"key": "the-collateral-trustee", "type": "clause", "offset": [291, 313]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [322, 352]}], "samples": [{"hash": "9UrARPHXkd5", "uri": "/contracts/9UrARPHXkd5#ship-mortgages", "label": "Credit Agreement (CONSOL Energy Inc)", "score": 24.9425048828, "published": true}, {"hash": "hvVfKdW0od8", "uri": "/contracts/hvVfKdW0od8#ship-mortgages", "label": "Revolving Credit Facility (CONSOL Energy Inc)", "score": 22.2922649384, "published": true}], "size": 3, "snippet": "means collectively and \u201cShip Mortgage\u201d shall mean separately all ship mortgages or any ship mortgage, in a form acceptable to the Administrative Agent, with respect to vessels registered by the Loan Parties with the U.S. Coast Guard, executed and delivered by certain of the Loan Parties to the Collateral Trustee for the benefit of the Secured Parties.", "hash": "0df998e008ddf7333204935540e6450a", "id": 5}, {"snippet_links": [{"key": "ship-mortgage", "type": "definition", "offset": [20, 33]}, {"key": "first-preferred-fleet-mortgages", "type": "definition", "offset": [54, 85]}, {"key": "second-preferred-fleet-mortgages", "type": "definition", "offset": [94, 126]}], "samples": [{"hash": "fxtVBNAOzx6", "uri": "/contracts/fxtVBNAOzx6#ship-mortgages", "label": "Credit Agreement (Great Lakes Dredge & Dock CORP)", "score": 21.6242294312, "published": true}, {"hash": "eoYyDqU9TVY", "uri": "/contracts/eoYyDqU9TVY#ship-mortgages", "label": "Credit Agreement (Great Lakes Dredge & Dock CORP)", "score": 21.0, "published": true}], "size": 2, "snippet": "means both of, and \u201cShip Mortgage\u201d means each of, the First Preferred Fleet Mortgages and the Second Preferred Fleet Mortgages.", "hash": "6cc23766bb4a5c34081a8f14408173e8", "id": 6}, {"snippet_links": [{"key": "collateral-vessel", "type": "clause", "offset": [66, 83]}], "samples": [{"hash": "gMGduqrgdT4", "uri": "/contracts/gMGduqrgdT4#ship-mortgages", "label": "Secured Revolving Facility Agreement", "score": 34.2899208069, "published": true}, {"hash": "kzU13UIjUv9", "uri": "/contracts/kzU13UIjUv9#ship-mortgages", "label": "Secured Revolving Facility Agreement (DryShips Inc.)", "score": 27.3189601898, "published": true}], "size": 2, "snippet": "means, collectively, the Rapallo Ship Mortgage and the Additional Collateral Vessel Ship Mortgages.", "hash": "8059af823eff0d49a994e69c3c13c3e9", "id": 7}, {"snippet_links": [{"key": "first-preferred-fleet-mortgage", "type": "definition", "offset": [29, 59]}, {"key": "as-amended", "type": "definition", "offset": [83, 93]}, {"key": "in-accordance-with", "type": "clause", "offset": [139, 157]}, {"key": "otherwise-modified", "type": "clause", "offset": [177, 195]}, {"key": "from-time-to-time", "type": "clause", "offset": [196, 213]}, {"key": "executed-and-delivered", "type": "clause", "offset": [215, 237]}, {"key": "by-the-borrower", "type": "clause", "offset": [238, 253]}, {"key": "credit-party", "type": "clause", "offset": [279, 291]}, {"key": "in-favor-of", "type": "definition", "offset": [292, 303]}, {"key": "the-administrative-agent", "type": "clause", "offset": [304, 328]}, {"key": "benefit-of-the-secured-parties", "type": "clause", "offset": [338, 368]}, {"key": "perfection-trigger-event", "type": "definition", "offset": [405, 429]}, {"key": "first-priority-lien", "type": "clause", "offset": [433, 452]}, {"key": "security-interest", "type": "definition", "offset": [460, 477]}, {"key": "certain-united-states", "type": "definition", "offset": [481, 502]}, {"key": "marshall-islands", "type": "definition", "offset": [1002, 1018]}, {"key": "lender-secured-parties", "type": "definition", "offset": [1206, 1228]}, {"key": "each-case", "type": "definition", "offset": [1233, 1242]}, {"key": "exhibit-i", "type": "definition", "offset": [1282, 1291]}], "samples": [{"hash": "3vQC99Vottd", "uri": "http://pdf.secdatabase.com/1355/0001193125-12-263568.pdf", "label": "pdf.secdatabase.com", "score": 19.2865314484, "published": false}, {"hash": "aE5AQYFGIv0", "uri": "https://investor.gldd.com/static-files/3201627f-c281-4831-8901-f2ea7c64407a", "label": "investor.gldd.com", "score": 9.9637231827, "published": false}], "size": 2, "snippet": "means, collectively, (i) the First Preferred Fleet Mortgage of even date herewith, as amended, restated, supplemented, replaced (including in accordance with Section 4.3(c)) or otherwise modified from time to time, executed and delivered by the Borrower and any other applicable Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, granting, upon the occurrence of a Perfection Trigger Event, a first priority lien on and security interest in certain United States flag vessels, (ii) the First Preferred Fleet Mortgage of even date herewith, as amended, restated, supplemented, replaced (including in accordance with Section 4.3(c)) or otherwise modified from time to time, executed and delivered by the Borrower and any other applicable Credit Party in favor of the Administrative Agent, for the benefit of the Secured Parties, granting, upon the occurrence of a Perfection Trigger Event, a first priority lien on and security interest in certain Republic of the Marshall Islands flag vessels and (iii) any other first preferred fleet or ship mortgages hereafter executed and delivered by any Credit Party in favor of the Administrative Agent, for the benefit of the Lender Secured Parties, in each case, in substantially the form attached as Exhibit I or any other form reasonably acceptable to the Administrative Agent.", "hash": "627c853e2da7d9f616d6f8c677eb6a4e", "id": 8}, {"snippet_links": [{"key": "preferred-ship-mortgages", "type": "definition", "offset": [10, 34]}, {"key": "by-the-borrower", "type": "clause", "offset": [118, 133]}, {"key": "of-the-borrower", "type": "clause", "offset": [152, 167]}, {"key": "in-favor-of", "type": "definition", "offset": [184, 195]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [217, 235]}, {"key": "holders-of-secured-obligations", "type": "definition", "offset": [251, 281]}, {"key": "otherwise-modified", "type": "clause", "offset": [327, 345]}, {"key": "from-time-to-time", "type": "clause", "offset": [346, 363]}], "samples": [{"hash": "3i0pwN92Or0", "uri": "/contracts/3i0pwN92Or0#ship-mortgages", "label": "Credit Agreement (American Classic Voyages Co)", "score": 18.0, "published": true}], "size": 2, "snippet": "means the preferred ship mortgages of even date herewith covering the Delta Queen and the Mississippi Queen, executed by the Borrower or the Subsidiary of the Borrower, as applicable, in favor of the Agent as trustee for the benefit of itself and the Holders of Secured Obligations, as the same may be amended, supplemented or otherwise modified from time to time.", "hash": "e5a612efd9c4acc2588bb832d3c7d54c", "id": 9}, {"snippet_links": [{"key": "deeds-of-covenant", "type": "definition", "offset": [60, 77]}, {"key": "the-vessels", "type": "clause", "offset": [113, 124]}, {"key": "duly-registered", "type": "clause", "offset": [131, 146]}, {"key": "ship-registry", "type": "definition", "offset": [177, 190]}, {"key": "in-favor-of", "type": "definition", "offset": [206, 217]}, {"key": "pari-passu-collateral-agent", "type": "clause", "offset": [222, 249]}, {"key": "from-time-to-time", "type": "clause", "offset": [304, 321]}, {"key": "form-and-substance", "type": "clause", "offset": [326, 344]}, {"key": "the-administrative-agent", "type": "clause", "offset": [370, 394]}], "samples": [{"hash": "5ssBbnAjjyO", "uri": "/contracts/5ssBbnAjjyO#ship-mortgages", "label": "Credit Agreement (Vantage Drilling CO)", "score": 23.8254623413, "published": true}], "size": 2, "snippet": "means, collectively, the statutory mortgages and collateral deeds of covenant and the first naval mortgages over the Vessels, each duly registered in the Bahamian or Panamanian Ship registry, respectively, in favor of the Pari Passu Collateral Agent, as the same may be amended, supplemented or modified from time to time, in form and substance reasonably acceptable to the Administrative Agent.", "hash": "0163a26c30037b610c0ef7a5c4b2f2af", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIXc2hpcC1tb3J0Z2FnZXMjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Ship Mortgages", "size": 66, "snippet": "means the Original Closing Date Ship Mortgage, the ATB Ship Mortgage and any first preferred fleet mortgage in substantially the same form as the Original Closing Date Ship Mortgage.", "id": "ship-mortgages", "examples": ["In order to grant the Collateral Agent a Lien for the benefit of the Secured Parties in all Vessel Related Collateral to the fullest extent permitted by applicable law, the Borrower and the Subsidiary Loan Parties have agreed to grant Liens and security interests in the Vessel Related Collateral to the Collateral Agent for the benefit of the Secured Parties under various types of Security Documents, including the Mortgages, the Collateral Agreement and the <strong>Ship Mortgages</strong>, notwithstanding such uncertainty.", "Unless waived by the Collateral Agent, with respect to each such Additional Ship Mortgage, the Borrower shall deliver to the Collateral Agent contemporaneously therewith vessel and, alternatively, UCC title insurance policies and otherwise comply with the Collateral Requirements applicable to <strong>Ship Mortgages</strong> and Mortgaged Vessels.", "This Agreement and each of the other Loan Documents, other than the <strong>Ship Mortgages</strong>, shall be governed by and construed in accordance with the laws of the State of New York and the applicable laws of the United States of America.", "The Borrower lawfully owns and is lawfully possessed of the whole of the Vessel free from any lien whatsoever except the lien of this Mortgage, and liens expressly permitted herein and other Preferred <strong>Ship Mortgages</strong> in favor of the Government, and covenants that it will warrant and defend the title and possession thereto and every part thereof for the benefit of the Government against the claims and demands of all persons whomever.", "The Borrower, the Administrative Agent, the Lenders and the other parties thereto have executed and delivered the Credit Agreement and the other Loan Documents; the Lenders have made Advances to the Borrower; and to secure the Obligations of the Loan Parties under the Credit Agreement and the other Loan Documents, the Collateral Documents have been executed and delivered and the <strong>Ship Mortgages</strong> have been duly recorded in the relevant ship registries in accordance with applicable law.", "Company will maintain or cause to be maintained, with financially sound and reputable insurers, throughout the term of this Agreement, all Policies of Insurance required pursuant to Schedules 6.4(a) and 6.4(b) annexed hereto and will otherwise comply fully with the terms and conditions provided in subsection 6 of each of the Mortgages and within each of the <strong>Ship Mortgages</strong> under the heading &quot;Vessel Insurance Requirements and Provisions&quot;.", "The Lenders in their capacities as Lenders and the counterparties (other than any Borrower or any Guarantor) to any agreement the obligations under which constitute Secured Cash Management Obligations or Secured Hedging Obligations in their capacities as such (the \u201cSecured Counterparties\u201d) hereby irrevocably designate and appoint Deutsche Bank AG New York Branch, as security trustee (in such capacity, the \u201cSecurity Trustee\u201d) to act as specified herein and in the <strong>Ship Mortgages</strong> and other Loan Documents.", "The Administrative Agent shall have received evidence of recording of the First Preferred <strong>Ship Mortgages</strong> with the U.S. Coast Guard National Vessel Documentation Center.", "In addition, the Borrower or the relevant Subsidiary Loan Party shall deliver to the Collateral Agent and the Security Trustee (as applicable) contemporaneously therewith insurance policies complying with the requirements of the <strong>Ship Mortgages</strong> and Insurances Assignments and otherwise comply with the Collateral Requirements applicable to <strong>Ship Mortgages</strong> and Mortgaged Vessels.", "Neither the Company nor the Guarantors shall be permitted to take any action or otherwise attempt to enforce any claim or maritime Lien against any Vessel that has priority over any claim or Lien of the Pari Passu Collateral Agent, the Trustee and the Holders of the Notes in respect of any Collateral, including any such claims or Liens arising under <strong>Ship Mortgages</strong>."], "related": [["ship-mortgage", "Ship Mortgage", "Ship Mortgage"], ["existing-mortgages", "Existing Mortgages", "Existing Mortgages"], ["mortgages", "Mortgages", "Mortgages"], ["mortgage-addendum", "Mortgage Addendum", "Mortgage Addendum"], ["aircraft-mortgage", "Aircraft Mortgage", "Aircraft Mortgage"]], "related_snippets": [], "updated": "2025-10-29T05:56:42+00:00"}, "json": true, "cursor": ""}}