Common use of Letters of undertaking Clause in Contracts

Letters of undertaking. In relation to all Insurances effected from time to time under and in accordance with this clause 9.5.7, the Borrower shall ensure that all brokers and/or insurers and any protection and indemnity or war risks associations in which the Vessel is entered, in each case being approved under clause 9.5.18, provide the Agent with letters of undertaking:

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.)

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