Common use of Deposit of original policies Clause in Contracts

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

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

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Deposit of original policies. It Each New Owner shall ensure that all policies relating to obligatory insurances or contracts for such insurances are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 1 contract

Samples: Loan Agreement (Knightsbridge Tankers LTD)

Deposit of original policies. It The Owner 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 (TBS International LTD)

Deposit of original policies. It Each Owner 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: Term Loan Facility (Global Ship Lease, Inc.)

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Deposit of original policies. It The Owners shall ensure that all policies relating to obligatory insurances are deposited with the approved brokers through which the insurances are effected or renewed.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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