Pre-delivery Insurance. Each Debtor party to any Pre-delivery Contract shall ensure that at all times during construction, the relevant Collateral Ship is insured in accordance with the provisions of a Construction Contract.
Appears in 3 contracts
Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.)
Pre-delivery Insurance. Each Debtor party to any Pre-delivery Contract shall ensure that at all times during construction, the relevant Collateral Ship is insured in accordance with the provisions of a Construction Contract.. 168776.01000/150917043v.5
Appears in 1 contract
Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.)
