Alteration to terms of insurances. The Borrower shall not be entitled to make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Alteration to terms of insurances. The Borrower Borrowers shall not be entitled to either make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or nor agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.
Appears in 3 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor waive any material right relating to any obligatory insurance.
Appears in 2 contracts
Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance without the consent of the Agent.
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)
Alteration to terms of insurances. The relevant Borrower shall not be entitled to neither make or nor agree to any material alteration to the terms of any obligatory insurance Insurance nor waive any right relating to any obligatory insuranceInsurance.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee (not to be unreasonably withheld).
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Lender, which consent is not to be unreasonably withheld.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Alteration to terms of insurances. The Borrower shall not be entitled to make or agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or nor agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Alteration to terms of insurances. The Borrower shall not be entitled to either make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Alteration to terms of insurances. The Borrower Borrowers shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee (not to be unreasonably withheld).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
