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

Copies of policies; letters of undertaking. Each Guarantor shall ensure that all approved brokers provide the Security Trustee 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 or undertaking in a form customary for the market from time to time.

Appears in 3 contracts

Samples: Debtor in Possession Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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Copies of policies; letters of undertaking. Each The Borrower shall procure that each Guarantor shall ensure that all approved insurance brokers provide the Security Trustee 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 or undertaking in a form customary for required by the market from time to time.Security Trustee and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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Copies of policies; letters of undertaking. Each Guarantor The Guarantors shall ensure that all approved brokers provide the Security Trustee with pro forma copies statements detailing the intended cover of all policies relating to the obligatory insurances Insurances which they are to effect or renew and of a letter or letters or undertaking in a form customary for required by the market from time to time.Security Trustee and including undertakings by the approved brokers that:

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

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