Common use of Differences in valuations Clause in Contracts

Differences in valuations. If valuations provided by individual valuers differ, the value of the relevant Ship for the purposes of the Finance Documents will be the average of those valuations.

Appears in 5 contracts

Samples: Supplemental Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)

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Differences in valuations. If valuations provided by individual valuers Approved Brokers differ, the value of the relevant Ship for the purposes of the Finance Documents will be the mean average of those valuations.

Appears in 2 contracts

Samples: Facility Agreement (DryShips Inc.), Facility Agreement (Quintana Shipping Ltd.)

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Differences in valuations. If valuations provided by individual valuers differ, the value of the relevant Ship for the purposes of the Finance Documents will be the mean average of those valuations.

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

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