Common use of Deposit of original policies Clause in Contracts

Deposit of original policies. Each Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 7 contracts

Samples: Agreement (Diana Shipping Inc.), Facility Agreement (Diana Containerships Inc.), Agreement (Diana Containerships Inc.)

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Deposit of original policies. Each The Borrower shall procure that each Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 4 contracts

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

Deposit of original policies. Each The relevant Guarantor shall ensure that all policies relating to obligatory insurances effected by it Insurances are deposited with the approved brokers through which the insurances Insurances are effected or renewed.

Appears in 2 contracts

Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)

Deposit of original policies. Each Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Deposit of original policies. Each Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Deposit of original policies. Each The Borrower shall procure that each Guarantor shall ensure that all policies issued and relating to obligatory insurances effected by it are deposited by the relevant Guarantor with the approved brokers intermediaries or other approved parties through which the insurances are effected or renewed.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

Deposit of original policies. Each The Corporate Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 2 contracts

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

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Deposit of original policies. Each Collateral Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.

Appears in 1 contract

Samples: Assignment Agreement (Taylor Maritime Investments LTD)

Deposit of original policies. Each Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Insurance Brokers through which the insurances are effected or renewed.

Appears in 1 contract

Samples: Facility Agreement (Scorpio Tankers Inc.)

Deposit of original policies. Each Owner Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

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