Common use of Terms of obligatory insurances Clause in Contracts

Terms of obligatory insurances. It shall effect such insurances in respect of the Ship owned by it:

Terms of obligatory insurances. It shall Each Owner shall, effect such insurances in respect of the each Ship owned by it:

Terms of obligatory insurances. It Each Obligor that owns a Ship shall effect such insurances in respect of the Ship owned by itinsurances:

Terms of obligatory insurances. It Each Shipowner shall effect affect such insurances in respect of the Ship owned by it: