Renewal of obligatory insurances. Each Borrower shall:
Renewal of obligatory insurances. The Borrower shall procure that the Owner shall:
Renewal of obligatory insurances. Each Guarantor shall:
Renewal of obligatory insurances. The Borrower shall procure that each Guarantor shall:
Renewal of obligatory insurances. Each Owner shall:
Renewal of obligatory insurances. The Borrower shall notify the Agent of the renewal of the obligatory insurances at least five (5) days before the expiry thereof and shall procure that the relevant brokers or associations shall promptly confirm in writing to the Agent that such renewal is effected it being understood by the Borrower that any failure to renew the Insurances on the Ship at least two (2) days before the expiry thereof or to give or procure the relevant notices of such renewal shall constitute an Event of Default.
Renewal of obligatory insurances. Each Shipowner shall:
Renewal of obligatory insurances. Each of the Borrowers shall in respect of each Mortgaged Vessel owned by it:
Renewal of obligatory insurances. The Borrower shall (and to the extent applicable shall procure in all cases that each other Security Party or other entity if named as co-assured in the insurance policies will):