Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the Borrower shall not cause or permit the Ship to enter or trade to any zone which is declared a war zone by the Ship's war risks insurers unless:
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Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's ’s war risks insurers unless:
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Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Dorian LPG Ltd.), Term Loan Facility (Dorian LPG Ltd.)
Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's war risks insurers unless:unless that Borrower has (at its expense) effected any special, additional or modified insurance cover required for it to enter or trade to any war zone and has provided evidence satisfactory to the Facility Agent in respect of such additional or modified insurance cover.
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Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's ’s war risks insurers or which is otherwise excluded from the scope of coverage of the obligatory insurances unless:
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Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the Borrower no Debtor shall not cause or permit the any Collateral Ship to enter or trade to any zone which is declared a war zone by the any government or by that Collateral Ship's ’s war risks insurers unless:
(a) the prior written consent of the Agent has been given; and
(b) that Debtor has (at its expense) effected any special, additional or modified insurance cover which the Agent may require.
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Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.)
Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the Ship any Vessel owned by it to enter or trade to any zone which is declared a war zone by the Ship's any government or by that Vessel’s war risks insurers unless:
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Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the No Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's ’s war risks insurers unless:or which is otherwise excluded from the scope of coverage of the obligatory insurances unless that Borrower has (at its expense) effected any special, additional or modified insurance cover which the insurers require to ensure that that Ship remains properly insured in accordance with the Finance Documents (including, without limitation, any requirement for the payment of additional or extra insurance premia).
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Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's war risks insurers unless:
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Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the any Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's ’s war risks insurers unless:unless that Borrower has (at its expense) effected any required and applicable special, additional or modified insurance cover.
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Trading in war zones. In the event of hostilities in any part of the world (whether war is declared or not), the no Borrower shall not cause or permit the either Ship to enter or trade to any zone which is declared a war zone by the any government or by that Ship's war risks insurers unless:
(a) the prior written consent of the war risk insurers has been given; and
(b) that Borrower has (at its expense) effected any special, additional or modified insurance cover which the war risk insurers may require.
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