Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trustee.
Appears in 27 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 4 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Facility Agreement (Gala Properties Inc.)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall either neither make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 4 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 3 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 3 contracts
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Costamare Partners LP), Loan Agreement (Tsakos Energy Navigation LTD)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either neither make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 3 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall not either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender, which consent not be unreasonably withheld.
Appears in 3 contracts
Samples: Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 3 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Alteration to terms of insurances. The Borrower shall procure that no each Owner shall either neither make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without which would cause the prior written consent Borrower to be in breach of the Security Trusteeterms of this Clause 13.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Alteration to terms of insurances. The Borrower shall procure that no neither Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (StealthGas Inc.)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall either not make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Agreement (Capital Product Partners L.P.), Agreement (Capital Product Partners L.P.)
Alteration to terms of insurances. The Borrower shall will procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Loan Agreement (Britannia Bulk PLC), Loan Agreement (Britannia Bulk Holdings Inc)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall either neither make or nor agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender.
Appears in 2 contracts
Samples: Loan Agreement (Star Cosmo Llc.), Agreement (Star Bulk Carriers Corp.)
Alteration to terms of insurances. The Borrower shall not and shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either neither make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Alteration to terms of insurances. The Borrower shall procure that no neither Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make makes or agree agrees to any alteration to the terms of any obligatory insurance or waive waives any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Alteration to terms of insurances. The Borrower shall procure that no each Owner shall either neither make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall not and shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either be entitled to make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender, which consent not be unreasonably withheld.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Alteration to terms of insurances. The Borrower shall will procure that no Owner shall either make or agree to make any alteration to the terms of any the obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall either neither make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLenders.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no neither Owner shall either neither make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender.
Appears in 1 contract
Samples: Agreement (Star Bulk Carriers Corp.)
Alteration to terms of insurances. The Borrower shall procure that no the Owner shall not either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security Trustee.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no neither Owner shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance without the prior written consent of the Security TrusteeLender, which consent not be unreasonably withheld.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall procure that no Owner shall either make or agree to any material alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance without the prior written consent of the Security Trusteeinsurance.
Appears in 1 contract
