Common use of Provision of copies of communications Clause in Contracts

Provision of copies of communications. The Borrower shall procure that each Guarantor shall provide the Lender, at the time of each such communication, copies of all written communications between the relevant Guarantor 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) the relevant Guarantor’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 the relevant Guarantor and any of the persons referred to in paragraphs (a) or (b) relating wholly or partly to the effecting or maintenance of the obligatory insurances.

Appears in 2 contracts

Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)

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Provision of copies of communications. The Borrower shall procure that each Each Guarantor shall in relation to each Ship owned by it provide the LenderSecurity Trustee, at the time of each such communication, copies of all material written communications between the relevant that Guarantor 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) the relevant that Guarantor’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 the relevant that Guarantor and any of the persons referred to in paragraphs (a) or (b) relating wholly or partly to the effecting or maintenance of the obligatory insurances.

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Provision of copies of communications. The Borrower shall procure that If requested by the Majority Lenders, each Guarantor shall provide the LenderSecurity Trustee, at the time of each such communication, copies of all material written communications between the relevant that Guarantor 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) the relevant that Guarantor’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 the relevant that Guarantor and any of the persons referred to in paragraphs (a) or (b) relating wholly or partly to the effecting or maintenance of the obligatory insurances.

Appears in 1 contract

Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)

Provision of copies of communications. The Borrower shall procure that If requested by the Security Trustee, each Guarantor shall provide the LenderSecurity Trustee, at the time of each such communication, copies of all material written communications between the relevant that Guarantor 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) the relevant that Guarantor’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 the relevant that Guarantor and any of the persons referred to in paragraphs (a) or (b) relating wholly or partly to the effecting or maintenance of the obligatory insurances.

Appears in 1 contract

Samples: Loan Agreement (Eagle Bulk Shipping Inc.)

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Provision of copies of communications. The Borrower shall procure that each Each Collateral Guarantor shall shall, upon request, provide the LenderSecurity Agent, at the time of each such communication, with copies of all written communications between the relevant that Collateral Guarantor and: (a) the approved brokers; andApproved Brokers; (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) the relevant that Collateral Guarantor’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 the relevant that Collateral Guarantor 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: Facility Agreement (Taylor Maritime Investments LTD)

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