Alteration to terms of insurances. None of the Borrowers shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 9 contracts
Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)
Alteration to terms of insurances. None of the Borrowers Neither Borrower shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 8 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.)
Alteration to terms of insurances. None of the Borrowers Neither Borrower shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 6 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
