Common use of Compliance with terms of insurances Clause in Contracts

Compliance with terms of insurances. (a) No Borrower shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 29 contracts

Samples: Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

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Compliance with terms of insurances. (a) No Borrower shall do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 28 contracts

Samples: Loan Agreement (EuroDry Ltd.), Agreement (Diana Shipping Inc.), Diana Shipping Inc.

Compliance with terms of insurances. (a) No Each Borrower shall not do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular it shall:

Appears in 13 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Compliance with terms of insurances. (a) No Neither Borrower shall do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 11 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Diana Shipping Inc.)

Compliance with terms of insurances. (a) No The Borrower shall neither do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 10 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Euronav NV), Loan Agreement (Poseidon Containers Holdings Corp.)

Compliance with terms of insurances. (a) No The Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 9 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (GasLog Partners LP)

Compliance with terms of insurances. (a) No Borrower None of the Borrowers shall do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 9 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

Compliance with terms of insurances. (a) No Borrower shall do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 5 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp), Assignment Agreement (United Maritime Corp)

Compliance with terms of insurances. (a) No The Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 5 contracts

Samples: Assignment Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Assignment Agreement (Grindrod Shipping Holdings Ltd.)

Compliance with terms of insurances. (a) No Each Borrower shall neither do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 4 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Compliance with terms of insurances. (a) No The Borrower shall not do or omit to do (nor or permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 4 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

Compliance with terms of insurances. (a) No Borrower The Borrowers shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 3 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

Compliance with terms of insurances. (a) No The Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular it shall:

Appears in 3 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Compliance with terms of insurances. (a) No Borrower Debtor shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.)

Compliance with terms of insurances. (a) No Borrower shall do or omit to do (nor or permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance thereunder repayable in whole or in part.; and, in particular:

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Compliance with terms of insurances. (a) No Neither Borrower shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)

Compliance with terms of insurances. (a) No The Borrower shall neither do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an any obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 2 contracts

Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)

Compliance with terms of insurances. (a) No Borrower It shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

Compliance with terms of insurances. (a) No Neither Borrower shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular it shall:

Appears in 2 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.)

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Compliance with terms of insurances. (a) No Borrower The Borrowers shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

Compliance with terms of insurances. (a) No Each Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Compliance with terms of insurances. (a) No Neither Borrower shall do or omit to do (nor or permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance thereunder repayable in whole or in part.; and, in particular:

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Compliance with terms of insurances. (a) No Each Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular it shall:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Compliance with terms of insurances. (a) No Each Borrower shall not do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or 40 unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular it shall:

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Compliance with terms of insurances. (a) No Borrower The Borrowers shall not do or omit to do (nor or permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance thereunder repayable in whole or in part.; and, in particular:

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Compliance with terms of insurances. (a) No The relevant Borrower shall neither do or nor omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance Insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance Insurance repayable in whole or in part.; and, in particular:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Compliance with terms of insurances. (a) No Borrower Owner shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 1 contract

Samples: Assignment Agreement (Global Ship Lease, Inc.)

Compliance with terms of insurances. (a) No Borrower shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.. ​

Appears in 1 contract

Samples: And Restatement Agreement (Ardmore Shipping Corp)

Compliance with terms of insurances. (a) No Each Borrower shall not do or omit to do (nor or permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.; and, in particular:

Appears in 1 contract

Samples: Agreement (Navios Maritime Partners L.P.)

Compliance with terms of insurances. (a) No Neither Borrower shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 1 contract

Samples: Facility Agreement (Castor Maritime Inc.)

Compliance with terms of insurances. (a) No Borrower Obligor shall do or omit to do (nor permit to be done or not to be done) any act or thing which would or might render any obligatory insurance invalid, void, voidable or unenforceable or render any sum payable under an obligatory insurance repayable in whole or in part.

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

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