Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower that:
Minimum required security cover. Clause 14.2 applies if the Lender notifies the Borrower that:
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower that the Security Cover Ratio is below 125 per cent.
Minimum required security cover. Clause 24.2 (Provision of additional security; prepayment) applies if the Facility Agent notifies the Borrowers that:
Minimum required security cover. If, and so often as, the aggregate, charter-free market value of the Ships (as determined in accordance with Clause 15.5 at such times as the Lender may from time to time require) plus the market value of any additional security for the time being actually provided to the Lender pursuant to Clause 15.2 falls below 125 per cent. of the aggregate of:
Minimum required security cover. Clause 15.2 applies if (after the Ship has been delivered to it under the Shipbuilding Contract) the Agent notifies the Borrower that:
Minimum required security cover. Clause 27.2 (Provision of additional security; prepayment) applies if, on or after the Delivery Date of a Ship, the Facility Agent notifies the Borrowers that:
Minimum required security cover. Clause 14.2 applies if the Lender notifies the Borrowers that the Asset Cover Ratio is below:
Minimum required security cover. Clause 15.2 applies if, after the end of the third financial quarter of 2017, the Agent notifies the Borrower that:
Minimum required security cover. The Borrower shall ensure that at all times during the Security Period the market value (determined as provided in Clause 15.3) of the Ship is at least 125 per cent of the Loan. Clause 15.2 applies if the Agent notifies the Borrower that:
