Provision of copies of communications. Each Borrower shall provide the Security Trustee, at the time of each such communication, copies of all written communications in case of, but not limited to, an Event of Default, Total Loss or Major Casualty between that Borrower and: (a) the approved brokers; and (b) the approved protection and indemnity and/or war risks associations; and (c) the approved insurance companies and/or underwriters, which relate directly or indirectly to: (i) that Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and (ii) any credit arrangements made between that Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 5 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Provision of copies of communications. Each Borrower shall provide the Security Trustee, at the time of each such communicationcommunication (other than (unless specifically required by the Security Trustee) communications of an entirely routine nature), copies of all written communications in case of, but not limited to, an Event of Default, Total Loss or Major Casualty between that Borrower and:
(a) the approved brokers; and;
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that Borrower’s 's obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 2 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (DryShips Inc.)
Provision of copies of communications. Each The Borrower shall procure that each Owner shall provide the Security Trustee, at the time of each such communication, copies of all written communications in case of, but not limited to, (other than (unless specifically required by the Security Trustee) communications of an Event of Default, Total Loss or Major Casualty entirely routine nature) between that Borrower Owner and:
(a) the approved brokers; and
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, ; which relate directly or indirectly to:
(i) that BorrowerOwner’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that Borrower Owner and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 2 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Provision of copies of communications. Each Borrower shall provide the Security Trustee, at the time of each such communication, copies of all written communications in case of, but not limited to, (other than (unless specifically required by the Security Trustee) communications of an Event of Default, Total Loss or Major Casualty entirely routine nature) between that the relevant Borrower and:
(a) the approved brokers; and;
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Provision of copies of communications. Each Borrower shall provide the Security Trustee, at the time of each such communicationcommunication (other than (unless specifically required by the Security Trustee) communications of an entirely routine nature), copies of all written communications in case of, but not limited to, an Event of Default, Total Loss or Major Casualty between that Borrower Xxxxxxxx and:
(a) the approved brokers; and;
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that Borrower’s 's obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
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Provision of copies of communications. Each Borrower shall shall, promptly upon request by the Agent provide the Security Trustee, at the time of each such communication, copies of all written communications which are material in case of, but not limited to, an Event the context of Default, Total Loss or Major Casualty a Borrower’s obligations under the Finance Documents between that Borrower it and:
(a) the approved brokersbrokers or insurers; and
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that the relevant Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that the relevant Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)
Provision of copies of communications. Each Borrower shall provide the Security Trustee, at the time of each such communicationcommunication (other than (unless specifically required by the Security Trustee) communications of an entirely routine nature), copies of all written communications in case of, but not limited to, an Event of Default, Total Loss or Major Casualty between that Borrower and:
(a) the approved brokers; and;
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Provision of copies of communications. Each The Borrower shall provide the Security Trustee, at the time of each such communication, copies of all written communications in case of, but not limited to, an Event of Default, Total Loss or Major Casualty between that the Borrower and:
(a) the approved brokers; and
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that the Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that the Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 1 contract
Provision of copies of communications. Each Borrower shall promptly upon request by the Agent provide the Security Trustee, at the time of each such communication, copies of all written communications which are material in case of, but not limited to, an Event the context of Default, Total Loss or Major Casualty the Borrowers’ obligations under the Finance Documents between that Borrower it and:
(a) the approved brokersbrokers or insurers; and
(b) the approved protection and indemnity and/or war risks associations; and
(c) the approved insurance companies and/or underwriters, which relate directly or indirectly to:
(i) that the relevant Borrower’s obligations relating to the obligatory insurances including, without limitation, all requisite declarations and payments of additional premiums or calls; and
(ii) any credit arrangements made between that the relevant Borrower and any of the persons referred to in paragraphs (a) or (b) above relating wholly or partly to the effecting or maintenance of the obligatory insurances.
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)