Insurance Review. From time to time during any period of insurance cover the Agent may review the terms of and identity of brokers, insurance companies and underwriters and war risks or protection and indemnity associations through which the Vessel is insured under this clause 9.5.20. Such review shall be made in consultation with the Borrower. After consultation, the Borrower shall implement such modifications as the Agent may reasonably request in order to seek to ensure that such insurances at all times cover all risks which may customarily and generally be covered in transactions similar to that covered by this Agreement and that the terms of such insurances and the identity of brokers, underwriters, insurance companies and associations will continue to be approved by the Agent, as provided for in clause 9.5.18.
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)
