Common use of RESTRICTION AGAINST ADDITIONAL TAKAFUL/INSURANCE Clause in Contracts

RESTRICTION AGAINST ADDITIONAL TAKAFUL/INSURANCE. The Chargor shall not except at the request or with the consent in writing of the Chargee effect or maintain any Takaful/insurance against any risk in respect of the Property when the Chargee has effected or has maintain such Takaful/insurance.

Appears in 2 contracts

Samples: Charge Agreement, Musharakah Mutanaqisah Agreement

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RESTRICTION AGAINST ADDITIONAL TAKAFUL/INSURANCE. The Chargor shall not except at the request or with the consent in writing of the Chargee effect or maintain keep on foot any Takaful/insurance against any risk in respect of the Property when the Chargee has effected or has maintain kept on foot such Takaful/insurance.

Appears in 2 contracts

Samples: Charge Agreement, Charge Agreement

RESTRICTION AGAINST ADDITIONAL TAKAFUL/INSURANCE. The Chargor shall not except at the request or with the consent in writing of the Chargee effect or maintain any Takaful/takaful / insurance against any risk in respect of the Property when the Chargee has effected or has maintain such Takaful/takaful / insurance.

Appears in 1 contract

Samples: Property Financing Agreement

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RESTRICTION AGAINST ADDITIONAL TAKAFUL/INSURANCE. The Chargor shall not except at the request or with the consent in writing of the Chargee effect or maintain any Takafultakaful/insurance against any risk in respect of the Property when the Chargee has effected or has maintain such Takafultakaful/insurance.

Appears in 1 contract

Samples: Charge Agreement

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