Common use of INTEREST OF FINANCE PARTIES Clause in Contracts

INTEREST OF FINANCE PARTIES. procure that the interest of the Finance Parties is noted on all Insurances and that clauses noting the interest of the Finance Parties as chargee are incorporated therein in such manner and on such terms as the Finance Parties may reasonably require and each Chargor assigns to the Security Trustee the benefit of all such policy or policies and agrees to enter into such further assignments in relation thereto in such manner and on such terms as the Security Trustee may reasonably require;

INTEREST OF FINANCE PARTIES. procure that the interest of the Finance Parties is noted on all Insurances and that clauses noting the interest of the Finance Parties [Asia Netcom Corporation Debenture] as chargee are incorporated therein in such manner and on such terms as the Finance Parties may reasonably require and each the Chargor assigns to the Security Trustee the benefit of all such policy or policies and agrees to enter into such further assignments in relation thereto in such manner and on such terms as the Security Trustee may reasonably require;