Common use of Mortgagee’s interest Clause in Contracts

Mortgagee’s interest. additional perils and political risk insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance in such amounts (not to exceed 110% of the Loan), on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee's interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee's interest additional perils (pollution) insurance in an amount equal to 120 per cent. of the Loan. and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee's interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee's interest additional perils (pollution) insurance in an amount equal to 120 per cent. of the Loan and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee’s interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee’s interest additional perils (pollution) insurance in an amount equal to 110 per cent. of the Loan. and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee's interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee's interest additional perils (pollution) insurance in an amount equal to 110 per cent. of the Loan, and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee's interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee's interest additional perils (pollution) insurance in an amount equal to 110 per cent. of the Loan. and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee’s interest insurance in an amount equal to 120 per cent. of the Loan; (b) a mortgagee’s interest additional perils (pollution) insurance in an amount equal to 120 per cent. of the Loan and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.

Mortgagee’s interest. and additional perils and political risk peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks/rights insurance all or any of the following insurances in such amounts (not to exceed 110% of the Loan)amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate appropriate: (a) a mortgagee’s interest insurance in an amount equal to 110 per cent. of the Loan. (b) a mortgagee’s interest additional perils (pollution) insurance in an amount equal to 110 per cent. of the Loan. and the Borrower and the Guarantors, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.