Total Loss. If the Vessel shall become a Total Loss and the proceeds of the Insurances in respect thereof shall not have been received by the Agent within one hundred and fifty (150) days after the date of the event giving rise to such Total Loss.
Appears in 15 contracts
Samples: Secured Loan Agreement (NCL CORP Ltd.), Facility Agreement (NCL CORP Ltd.), Facility Agreement (NCL CORP Ltd.)
Total Loss. If the Vessel shall become a Total Loss and the proceeds of the Insurances in respect thereof shall not have been received by the Agent within one hundred and fifty (150) days plus three (3) business days in Frankfurt, New York and Singapore after the date of the event giving rise to such Total Loss.
Appears in 12 contracts
Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)
Total Loss. If the Vessel shall become a Total Loss and the proceeds of the Insurances in respect thereof shall not have been received by the Agent within one hundred and fifty (150) days after the date of the event giving rise to such Total LossLoss or if the proceeds received at such time are insufficient to settle or secure the Indebtedness.
Appears in 1 contract
Samples: Agreement (NCL CORP Ltd.)
Total Loss. If the Vessel shall become a Total Loss and the proceeds of the Insurances in respect thereof shall not have been received by the Paying Agent within one hundred and fifty (150) days after the date of the event giving rise to such Total Loss.
Appears in 1 contract
Samples: Loan Agreement (NCL CORP Ltd.)
