Common use of Copies of Policies Clause in Contracts

Copies of Policies. letters of undertaking Each Borrower 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 which is customary in major marine insurance markets.

Copies of Policies. letters of undertaking Each Borrower shall ensure that all approved brokers provide the Security Trustee 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 or of undertaking in a form which is customary in major marine insurance markets.required by the Security Trustee and including undertakings by the approved brokers that:

Copies of Policies. letters of undertaking Each Borrower 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 of undertaking in a form which is customary in major marine insurance markets.required by the Security Trustee and including undertakings by the approved brokers that: