Frequency of valuations. Subject to Clause 15.7, the Borrowers acknowledge and agree that the Agent may obtain valuations of the Ships at such times as the Agent shall, reasonably, deem necessary.
Appears in 5 contracts
Samples: Loan Agreement, Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)
Frequency of valuations. Subject to Clause 15.7, the Borrowers acknowledge Borrower acknowledges and agree agrees that the Agent may obtain valuations of the Ships Ship at such times as the Agent shall, reasonably, shall deem necessary.
Appears in 2 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Frequency of valuations. Subject to Clause 15.7, the Borrowers acknowledge and agree that the Agent may obtain valuations of the Ships at such times as the Agent shall, reasonably, shall deem necessary.
Appears in 2 contracts