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 7 contracts
Samples: Facility Agreement, Facility Agreement (GasLog Ltd.), Facility Agreement (Teekay LNG Partners L.P.)
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.), Loan Agreement (Navigator Holdings Ltd.), Facility Agreement (Globus Maritime 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: Supplemental Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (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 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: Amendment and Restatement Agreement (Hafnia LTD), Loan Agreement (Hafnia LTD), Loan Agreement (Hafnia 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 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: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)
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 (DryShips Inc.), Facility Agreement (Quintana Shipping 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 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: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (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 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: Loan Agreement (Dorian LPG Ltd.), Loan 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: Facility Agreement, Facility Agreement (Danaos Corp)
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 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: Loan Agreement (Hafnia 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
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).
1.13 Insurance correspondence Exhibit 4.12 Exhibit 4.12
Appears in 1 contract
