Common use of Review of insurance requirements Clause in Contracts

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders Lender shall be entitled to review the requirements of this Clause 13 12 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority LendersLender, significant and capable of affecting the Owners Owner or the Ships Ship and their its insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders Lender shall be entitled to review the requirements of this Clause 13 12 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority LendersLender, significant and capable of affecting the Owners Borrower or the Ships Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrower may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Borrower or the Ships any Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders Lender shall be entitled to review the requirements of this Clause 13 12 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority LendersLender, significant and capable of affecting the Owners Borrowers or the Ships and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrowers may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerBorrowers.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Borrower or the Ships Ship and their its insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrower may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 (Insurance) from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Borrower or the Ships an Owner or any Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners an Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review may review, at the reasonable expense of the Borrower, the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement Effective Date which are, in the reasonable opinion of the Majority Lenders, Lenders significant and capable of affecting the Owners relevant Security Party or the Ships a Ship and their its insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners relevant Security Party may be subject.), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 (Insurance) from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners a Borrower or the Ships any Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners an Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerBorrowers.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Borrower or the Ships an Owner or any Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrower or an Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners any Borrower or the Ships any Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrowers may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerBorrowers.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 (Insurance) from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners a Borrower or the Ships a Ship and their its insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Borrowers may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerBorrowers.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Corporate Guarantor or the Ships Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Corporate Guarantor may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerCorporate Guarantor.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the reasonable opinion of the Majority Lenders, significant and capable of affecting the Owners Corporate Guarantor or the Ships Ship and its or their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Corporate Guarantor may be subject), and may appoint insurance consultants in relation to this review at the cost of the BorrowerCorporate Guarantor.

Review of insurance requirements. The Majority Lenders shall be entitled to review after prior consultation with the Borrower the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Owner or the Ships Ship and their its insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.

Review of insurance requirements. The Majority Lenders shall be entitled to review the requirements of this Clause 13 from time to time in order to take account of any changes in circumstances after the date of this Agreement which are, in the opinion of the Majority Lenders, significant and capable of affecting the Owners Owner or the Ships Ship and their insurance (including, without limitation, changes in the availability or the cost of insurance coverage or the risks to which the Owners Owner may be subject), and may appoint insurance consultants in relation to this review at the cost of the Borrower.