Common use of Maintenance of obligatory insurances Clause in Contracts

Maintenance of obligatory insurances. The Borrower shall keep each Vessel owned by it and each Mortgaged Vessel bareboat chartered by it insured, at its expense, against:

Appears in 2 contracts

Samples: Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (Ultrapetrol Bahamas LTD)

AutoNDA by SimpleDocs

Maintenance of obligatory insurances. The Borrower Each of the Borrowers shall keep each Mortgaged Vessel owned by it and each Mortgaged Vessel bareboat chartered by it insured, at its expense, against:

Appears in 2 contracts

Samples: Loan Agreement (Ultrapetrol Bahamas LTD), Loan Agreement (Ultrapetrol Bahamas LTD)

AutoNDA by SimpleDocs

Maintenance of obligatory insurances. The Each Borrower shall keep each Vessel owned by it and each Mortgaged Vessel bareboat chartered by it insured, at its own expense, against:

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!