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Aristotle Onassis — Part 1
Page 11
11 / 53
: as The counterclaim asserted by the Government based
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on alleged defauits under Maritime mortgages, set forth in
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Appendix C, paragraph 3, shall be dismissed, with prejudice, “ . - -
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when the past unpeid installments of principal and interest
on the Maritime mortgages have been actually received by the
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Government, and a separate stipulation shall be entered into ©
to effect such dismissal,
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(b) The Government agrees not to commence forfeiture
Proceedings against any vessel now oned or formerly owned by
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any of the Domestic Corvorations, based on any contention thet
the Domestic Corporations, or any of them, do not now, oF
did not at any time prior hereto, qualify as citizens under the
shipping laws or registry statutes, or based on any claimed
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. Misrepresentations in applications to purchase such vessel, ~
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(c) The Government agrees to take all appropriate
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Bteps to have all seized Ships of the Domestic Corporations
released from court custody and to have possession of such
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Ships returned to the respective registered owers thereof,
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The registered owners of seid Ships shall then be deemed and
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recognized by the Government to be the true and lawful owners
thereof for all purposes whatsoever,
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eR: (a) Attachments obtained by the Government in connecs __
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a tion with pending litigation shall forthvith be released, |
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5% {e) The Government consents to the termination of all rene
sf ea operating stipulations and operating agreements covering the Ships
aS Listed in Appendix B, |
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