Alteration to terms of insurances. The Borrower shall procure that each Guarantor shall neither make nor agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Samples: Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (General Maritime Corp / MI), Agreement (Arlington Tankers Ltd.)
Alteration to terms of insurances. The Borrower shall procure that each Guarantor shall neither not make nor or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Alteration to terms of insurances. The Borrower shall procure that each Guarantor and each Collateral Guarantor shall neither not make nor or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Alteration to terms of insurances. The Borrower shall not and shall procure that each no Guarantor shall neither make nor or agree to any alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.
Appears in 1 contract
