Mortgagee’s interest and additional perils insurances. The Agent shall if so authorised by the Majority Banks be entitled from time to time to effect, maintain and renew all or any of the following insurances in such amounts, on such terms, through such insurers and generally in such manner as the Majority Banks may from time to time consider appropriate (such insurances not to be placed by the Borrower or its brokers (in their capacity as brokers to the Borrower)):
Appears in 4 contracts
Samples: Credit Agreement, Agreement (Teekay LNG Partners L.P.), Agreement (Teekay LNG Partners L.P.)