Common use of Confirmation of renewal Clause in Contracts

Confirmation of renewal. The Ship’s Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 4 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Quintana Shipping Ltd.), Navigator Holdings Ltd.

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Confirmation of renewal. The Ship’s 's Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 25 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 2 contracts

Samples: Agreement (Danaos Corp), Navigator Holdings Ltd.

Confirmation of renewal. The Ship’s Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 25 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Confirmation of renewal. The Each Ship’s Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Confirmation of renewal. The ShipOwner shall procure that the Vessel’s Obligatory Insurances shall be are renewed upon their expiry in a manner and on terms which comply with this clause 24 Clause 48 and confirmation of such renewal given by approved brokers or insurers to the Security Agent at least seven within fourteen (14) days (or such shorter period as may be approved) before after such expiry.

Appears in 1 contract

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

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Confirmation of renewal. The Ship’s 's Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 1 contract

Samples: Agreement (Navigator Holdings Ltd.)

Confirmation of renewal. The Ship’s Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 25 and confirmation of such renewal given by approved brokers or insurers to the Agent Lender at least seven days (or such shorter period as may be approved) before such expiry.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Confirmation of renewal. The Ship’s 's Insurances shall be renewed upon their expiry in a manner and on terms which comply with this clause 24 and confirmation of such renewal given by approved brokers or insurers to the Agent at least seven two (2) days (or such shorter period as may be approved) before such expiry.

Appears in 1 contract

Samples: DryShips Inc.

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