Copies of policies; letters of undertaking. Each Borrower shall ensure that the Approved Brokers provide the Security Agent with: (a) pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew; and (b) a letter or letters or undertaking in a form required by the Facility Agent and including undertakings by the Approved Brokers that:
Appears in 4 contracts
Samples: Loan Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Dorian LPG Ltd.)
Copies of policies; letters of undertaking. Each The Borrower shall use its best endeavours to ensure that the Approved Brokers all approved brokers provide the Security Agent with:
(a) Trustee with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew; and
(b) renew and of a letter or letters or undertaking substantially in a the form required by the Facility Agent Security Trustee and including undertakings by the Approved Brokers approved brokers that:
Appears in 2 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Copies of policies; letters of undertaking. Each The Borrower shall ensure that the Approved Brokers all approved brokers provide the Security Agent with:
(a) Trustee with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew; and
(b) renew and of a letter or letters or undertaking in a form reasonably required by the Facility Agent and including undertakings by the Approved Brokers that:Agent.
Appears in 2 contracts
Samples: Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Copies of policies; letters of undertaking. Each The Borrower shall procure that each Owner shall ensure that the Approved Brokers all approved brokers provide the Security Agent with:
(a) with pro forma copies of all policies relating to the relevant obligatory insurances which they are to effect or renew; and
(b) renew and of a letter or letters or undertaking addressed to the Security Trustee and in a the form required by customary for the Facility Agent and including undertakings by the Approved Brokers that:market from time to time.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Amending and Restating Agreement (Seacastle Inc.)
Copies of policies; letters of undertaking. Each Borrower shall ensure that the Approved Brokers all approved brokers provide the Security Agent with:
(a) pro forma Trustee with copies of all policies relating to the obligatory insurances which they are to effect or renew; and
(b) renew and of a letter or letters or undertaking in a form required by the Facility Agent Lenders and including undertakings by the Approved Brokers approved brokers that:
Appears in 1 contract
Copies of policies; letters of undertaking. Each Borrower shall ensure that the Approved Brokers provide the Security Agent upon its request with:
(a) pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew; and
(b) a letter or letters or undertaking in a form required by the Facility Agent and including undertakings by the Approved Brokers that:
Appears in 1 contract
Copies of policies; letters of undertaking. Each Borrower shall ensure that the Approved Brokers all approved brokers provide the Security Agent with:
(a) Trustee with pro forma copies of all policies relating to the obligatory insurances which they are to effect or renew; and
(b) renew and of a letter or letters or of undertaking in a form required by the Facility Agent Security Trustee and including undertakings by the Approved Brokers approved brokers that:
(a) they will have endorsed on each policy, immediately upon issue, a loss payable clause and a notice of assignment complying with the provisions of Clause
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)