Common use of Inspections and class records Clause in Contracts

Inspections and class records. (a) The Borrowers shall procure that the Agent's surveyor at the Borrowers’ cost, is permitted to inspect the condition of the Vessels once a year, if so requested by the Agent, provided always that such arrangement shall not interfere with the operation of the Vessels and subject to satisfactory indemnities approved by the P&I insurers.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

Inspections and class records. (a) The Borrowers Borrower shall procure that the Agent's ’s surveyor at the Borrowers’ Borrower’s cost, is permitted to inspect the condition of the Vessels Vessel once a year, if so requested by the Agent, provided always that such arrangement shall not interfere with the operation of the Vessels Vessel and subject to satisfactory indemnities approved by the P&I insurers.

Appears in 1 contract

Samples: October 2015 (DHT Holdings, Inc.)

Inspections and class records. (a) The Borrowers Borrower shall procure that the Agent's ’s surveyor at the Borrowers’ Borrower’s cost, is permitted to inspect the condition of the Vessels once Vessel twice a year, if so requested by the Agent, year provided always that such arrangement shall not interfere with the operation of the Vessels Vessel and subject to satisfactory indemnities approved by the P&I insurers.. Advokatfirmaet Xxxxxxxx Xxxx Wiig AS

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Inspections and class records. (a) The Borrowers shall procure that the AgentLender's surveyor at the Borrowers' cost, is permitted to inspect the condition of the Vessels once a year, if so requested by the AgentLender, provided always that such arrangement shall not interfere with the operation of the Vessels and subject to satisfactory indemnities approved by the P&I insurers.

Appears in 1 contract

Samples: Loan Facility Agreement (DHT Holdings, Inc.)

AutoNDA by SimpleDocs

Inspections and class records. (a) The Borrowers Borrower shall, and shall procure that the Technical Manager shall, procure that the Agent's surveyor at the Borrowers’ Borrower’s cost, is permitted to inspect the condition of the Vessels Vessel once a year, if so requested by the Agent, provided always that such arrangement shall not interfere with the operation of the Vessels Vessel and subject to satisfactory indemnities approved by the P&I insurers.

Appears in 1 contract

Samples: Facility Agreement (DHT Holdings, Inc.)

Inspections and class records. (a) The Borrowers Borrower shall, and shall procure that the Technical Manager shall, procure that the Agent's ’s surveyor at the Borrowers’ Borrower’s cost, is permitted to inspect the condition of the Vessels Vessel once a year, if so requested by the Agent, provided always that such arrangement shall not interfere with the operation of the Vessels Vessel and subject to satisfactory indemnities approved by the P&I insurers.

Appears in 1 contract

Samples: Agreement (DHT Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!