Common use of Details of proposed renewal of Insurances Clause in Contracts

Details of proposed renewal of Insurances. At least 14 days before any of the Insurances are due to expire, the Agent shall be notified of the names of the brokers, insurers and associations proposed to be used for the renewal of such Insurances and the amounts, risks and terms in, against and on which the Insurances are proposed to be renewed.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

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Details of proposed renewal of Insurances. At least 14 fourteen (14) days before any of the Insurances are due to expire, the Agent shall be notified of the names of the brokers, insurers and associations proposed to be used for the renewal of such Insurances and the amounts, risks and terms in, against and on which the Insurances are proposed to be renewed.

Appears in 1 contract

Samples: Facility Agreement (Hoegh LNG Partners LP)

Details of proposed renewal of Insurances. At least 14 fourteen (14) days before any of the Insurances and Builder’s Risks Insurances are due to expire, the Agent Lender shall be notified of the names of the brokers, insurers and associations proposed to be used for the renewal of such Insurances and Builder’s Risks Insurances and the amounts, risks and terms in, against and on which the Insurances are proposed to be renewed.

Appears in 1 contract

Samples: Confidential   Execution (Golar LNG LTD)

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Details of proposed renewal of Insurances. (a) At least 14 twenty one (21) days before any of the Insurances are due to expire, the Facility Agent shall be notified of told the names of the brokers, insurers and associations proposed to be used for the renewal of such Insurances and either that there is no change in the amounts, risks and terms in, against and on which the Insurances are proposed to be renewedrenewed or that there will be changes. If any of the terms of such Insurances are changed then the Borrower will on request by the Facility Agent provide details of such changes.

Appears in 1 contract

Samples: Hoegh LNG Partners LP

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