Common use of Loss Payable Clause Clause in Contracts

Loss Payable Clause. The Chargor covenants that the Chargor shall cause the relevant Takaful operator/ insurance company to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ insurance policy taken out:

Appears in 2 contracts

Samples: Charge Agreement, Charge Agreement

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Loss Payable Clause. The Chargor covenants that the Chargor shall cause the relevant Takaful operator/ insurance company takaful companies to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ insurance takaful policy taken out:

Appears in 1 contract

Samples: Charge Agreement

Loss Payable Clause. The Chargor covenants that the Chargor shall cause the relevant Takaful operator/ insurance company operator / insurers to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ Takaful/insurance policy taken out:out:-

Appears in 1 contract

Samples: Musharakah Mutanaqisah Agreement

Loss Payable Clause. The Chargor covenants that the Chargor shall cause the relevant Takaful operator/ insurance company to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ Takaful/insurance policy taken out:

Appears in 1 contract

Samples: Charge Agreement

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Loss Payable Clause. The Chargor covenants that the Chargor shall cause the relevant Takaful operator/ insurance company insurers to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ insurance policy Takaful/Insurance Policy taken out:

Appears in 1 contract

Samples: Charge Agreement

Loss Payable Clause. The Chargor covenants and/or Customer covenant that the Chargor and/or Customer shall cause the relevant Takaful operator/ insurance company takaful companies to include the following loss payable clause or a substantially similar loss payable clause acceptable to the Chargee in each Takaful/ insurance takaful policy taken out:

Appears in 1 contract

Samples: Charge Agreement

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