Common use of Failure to perform insurance undertakings Clause in Contracts

Failure to perform insurance undertakings. If the Lessee fails to comply with any of its obligations pursuant to clause 13, the Lessor, without being obliged so to do, or responsible for so doing, and without prejudice to the ability of the Lessor to treat that non-compliance as a Termination Event: 18.9.1 following notification to the Lessee, may effect and thereafter maintain all such Insurances as the Lessor in its sole discretion may think fit in order to procure compliance with such provisions; or 18.9.2 alternatively, at the Lessee’s risk, may require the Ship to remain in, or to proceed to and remain in, a port designated by the Lessor until such provisions are fully complied with.