Common use of Insurance Notices and Loss Payable Clauses Clause in Contracts

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 5 contracts

Samples: Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.), Facility Agreement (GasLog Ltd.)

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Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 4 contracts

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

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 4 contracts

Samples: Agreement (Navigator Holdings Ltd.), Facilities Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approvedapproved by the Majority Lenders, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 3 contracts

Samples: Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Ltd.)

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause that refers to the Major Casualty Amount and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower relevant Upstream Guarantor and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower relevant Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: Agreement (Danaos Corp), reportify-1252068037.cos.ap-beijing.myqcloud.com

Insurance Notices and Loss Payable Clauses. 24.15 The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: Facility Agreement (Hafnia LTD), Facility Agreement (Hafnia LTD)

Insurance Notices and Loss Payable Clauses. 23.15 The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: www.lw.com, Teekay LNG Partners L.P.

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent or any other Finance Parties as assignee assignees of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent or any other Finance Party, if it is itself an assured).

Appears in 2 contracts

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

Insurance Notices and Loss Payable Clauses. 24.14 The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD)

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Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents for the Insurances by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured)Vessel.

Appears in 2 contracts

Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the each Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Insurance Notices and Loss Payable Clauses. The interest of the Security Agent as assignee of the Insurances and/or any reinsurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

Insurance Notices and Loss Payable Clauses. 24.15 The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the relevant Borrower (as owner) and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 1 contract

Samples: Facility Agreement (Hafnia LTD)

Insurance Notices and Loss Payable Clauses. 24.15 The interest of the Security Agent as assignee of the Insurances shall be endorsed on all insurance policies and other documents by the incorporation of a Loss Payable Clause and an Insurance Notice in respect of the Ship and its Insurances signed by the Borrower its Owner and, unless otherwise approved, each other person assured under the relevant cover (other than the Security Agent if it is itself an assured).

Appears in 1 contract

Samples: Agreement (Globus Maritime LTD)

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