Common use of NOTICE OF ASSIGNMENT OF INSURANCES Clause in Contracts

NOTICE OF ASSIGNMENT OF INSURANCES. The Assignor undertakes immediately to give notice of the assignment of the Insurances contained in Clause 3 to all brokers, insurance companies, underwriters, protection and indemnity and/or war risk associations through whom any of the policies or entries relating to the Insurances are effected in the form of Schedule 5 and to obtain from such brokers, insurance companies or underwriters a letter of undertaking in the form of Schedule 6 or in such other form as the Agents may require and from such protection and indemnity or war risk associations in the form of Schedule 7 or in such other form as the Agents may agree.