in Dollars. (b) in the case of fire and usual marine risks and war risks, in an amount on an agreed value basis at least the greater of (i) an amount, which when aggregated with the insured value of the other Ships at the relevant time subject to a Mortgage, is equal to 120 per cent, of the Loan and (ii) the Market Value of the Ship owned by it; and
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Samples: Loan Agreement (DryShips Inc.)
in Dollars. (b) in the case of fire and usual marine risks and war risks, in an amount on an agreed value basis at least the greater of (i) an amount, which when aggregated with the insured value of the other Ships at the relevant time subject to a Mortgage, is equal to 120 125 per cent, . of the Loan and (ii) the Market Value of the Ship owned by it; and;
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in Dollars. (b) in the case of fire and usual marine risks and war risks, in an amount on an agreed value basis at least the greater of (i) an amount, which when aggregated with the insured value of the other Ships at the relevant time subject to a Mortgage, is equal to 120 per cent, . of the aggregate of the Loan and the Swap Exposure and (ii) the Market Value of the Ship owned by it; and
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in Dollars. (b) in the case of fire and usual marine risks and war risks, in such amounts as shall from time to time be approved by the Lender but in any event in an amount on an agreed value basis at least not less than the greater of (i) an amount, which when aggregated with the insured value Market Value of the other Ships Ship for the time being and (ii) an amount which is at the relevant time subject to a Mortgage, is least equal to 120 per cent, of the Loan and (ii) the Market Value aggregate of the Ship owned by it; andamount of the Loan;
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Samples: Loan Agreement (Box Ships Inc.)