Common use of Copies of policies; letters of undertaking Clause in Contracts

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 7 contracts

Samples: Loan Agreement, Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.)

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Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all cover notes and policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 4 contracts

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

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 4 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with proforma copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 3 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner each Guarantor shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking in a form required by the Lender having regard to current market practice and including undertakings by the approved brokers that:

Appears in 3 contracts

Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Agreement (Arlington Tankers Ltd.)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 3 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)

Copies of policies; letters of undertaking. The Each Borrower shall, and shall procure that the Collateral Owner shall shall, ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 2 contracts

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

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all the approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Facility Agreement (Gala Properties Inc.)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender Agent with pro forma copies of all policies relating to the relevant obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking addressed to the Security Trustee and in a the form required by customary for the Lender and including undertakings by the approved brokers that:market from time to time.

Appears in 2 contracts

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

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of with a letter or letters of undertaking in a form required approved by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of or undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall use its best endeavours to ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking substantially in a the form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and Lendersand including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

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Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall use its best endeavours to ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Copies of policies; letters of undertaking. The Each Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of with a letter or letters of or undertaking in a form required approved by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Copies of policies; letters of undertaking. The Borrower shall procure that the each Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking in a form required by the Lender and including undertakings by the approved brokers and/or insurers that:

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Copies of policies; letters of undertaking. The Each Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with copies of all policies relating to the obligatory insurances which they effect or renew and of a letter or letters of or undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all cover notes and policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of undertaking in a form required by the Lender and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking in a form required by the Lender (or as may be customary in the market) and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Copies of policies; letters of undertaking. The Borrower shall procure that the Owner shall ensure that all approved brokers provide the Lender Agent with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of with a letter or letters of undertaking in a form required which is customary in major marine insurance markets and approved by the Lender Lenders and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

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