K-SURE Override Sample Clauses

K-SURE Override. Notwithstanding anything to the contrary in this Agreement or any other Finance Document, nothing in this Agreement shall permit or oblige any K-Sure Lender to act (or omit to act) in a manner that is inconsistent with any requirement of K-Sure under or in connection with any K-Sure Insurance Policy and, in particular: (a) each of the K-Sure Lenders shall be authorized to take all such actions as they may deem necessary to ensure that all requirements of K-Sure under or in connection with each of the K-Sure Insurance Policies are complied with; (b) no K-Sure Lender shall be obliged to do anything if, in its opinion (upon consultation with K-Sure), to do so could result in a breach of any requirements of K-Sure under or in connection with a K-Sure Insurance Policy or affect the validity of a K-Sure Insurance Policy; and (c) each of the K-Sure Lenders will agree to accept the instructions as advised to them by the K-Sure Agent or K-Sure and to act in conformity therewith in connection with their obligations under this Agreement.

K-SURE Override. Notwithstanding anything to the contrary in this Agreement or any other Finance Document, nothing in this Agreement shall permit or oblige any K-Sure Lender to act (or omit to act) in a manner that is inconsistent with any requirement of K-Sure under or in connection with any K‑Sure Insurance Policy and, in particular:

K-SURE Override. (a) Notwithstanding anything to the contrary in any Finance Document, nothing in any Finance Document shall oblige any Finance Party to act (or omit to act) in a manner that is inconsistent with any requirement of the K-SURE Agent under or in connection with a K-SURE Insurance ​ Policy or any instruction from K-SURE (through the K-SURE Agent or otherwise) in accordance with the provisions of a K-SURE Insurance Policy and, in particular, each Finance Party shall: (i) be authorised to take all such actions as the K-SURE Agent may consider necessary to ensure that all requirements of K-SURE, including under or in connection with a K-SURE Insurance Policy are complied with; (ii) comply with in all respects and take such action as may be reasonably necessary, to ensure that each K-SURE Insurance Policy continues in full force and effect; and (iii) not be obliged to do anything if, in the K-SURE Agent's reasonable opinion, to do so could: (A) result in a breach of any requirement of K-SURE under or in connection with a K-SURE Insurance Policy; (B) affect the validity or enforceability of a K-SURE Insurance Policy; or (C) otherwise result in one of the circumstances set out in Clause 8.10 (Termination of K-SURE Insurance Policy). (b) Nothing in this Clause shall affect the obligations of any Obligor under the Finance Documents. (c) Each Finance Party will cooperate with the K-SURE Agent and each other Finance Party, and take such action and/or refrain from taking such action as may be reasonably necessary, to ensure that each K-SURE Insurance Policy remains in full force and effect. The Borrower shall provide all information and other assistance reasonably requested by the K-SURE Agent in connection with each K-SURE Insurance Policy. The Borrower shall co-operate with and assist the K-SURE Agent and each other Finance Party in complying with the obligations of the Lenders under or in relation to a K-SURE Insurance Policy and the Borrower agrees to amend any Finance Document to the extent such amendment is required to ensure compliance with that K-SURE Insurance Policy. (d) In the case of any conflict or inconsistency between the terms of a K-SURE Insurance Policy and the terms of the Finance Documents, the terms of that K-SURE Insurance Policy shall prevail as between the Finance Parties and K-SURE, and to the extent of such conflict or inconsistency, the Finance Parties shall not assert to K-SURE the terms of the Finance Documents. ​

K-SURE Override. (a) Each of the Agent, the Security Agent and the K-sure Agent shall be authorised to take all such actions as they may deem necessary to ensure that all requirements of K-sure under or in connection with the K-sure Insurance Policy are complied with (unless all the Lenders instruct otherwise in writing). (b) None of the Agent, the Security Agent and the K-sure Agent shall be obliged to do anything if, in their opinion (upon consultation with K-sure), to do so could result in a breach of any requirements of K-sure under or in connection with the K-sure Insurance Policy or affect the validity of the K-sure Insurance Policy (unless all the Lenders instruct otherwise in writing).