Common use of VALUATION OF ASSETS Clause in Contracts

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25.

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value Market Value at any time of any Mortgaged Ship or the value of any other asset over which additional security is provided under this clause 25 26 will be its value as most recently determined in accordance with this clause 2526.

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 26 will be its value as most recently determined in accordance with this clause 2526.

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 23 will be its value as most recently determined in accordance with this clause 2523.

VALUATION OF ASSETS. 25.1 For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25 or, in respect of any Utilisation applicable to a Ship, its value as determined by the valuations provided pursuant to clause 4 (Conditions of Utilisation) and otherwise in accordance with this clause 25.. Valuation frequency

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged the Ship or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 2524.

VALUATION OF ASSETS. For the purpose of the Finance Documents, the aggregate value at any time of any the Mortgaged Ship Ships or any other asset over which additional security is provided under this clause 25 Clause 24 will be its value the values as most recently determined in accordance with this clause 25Clause 24.

VALUATION OF ASSETS. 25.1 For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25.. Valuation frequency

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged the Ship or any other asset over which additional security is provided under this clause 25 23 will be its value as most recently determined in accordance with this clause 2523.

VALUATION OF ASSETS. 25.1 For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25 or, in respect of the first Utilisation, its value as determined by the valuations provided pursuant to clause 4 (Conditions of Utilisation) and otherwise in accordance with this clause 25.. Valuation frequency

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or a Ship before its Delivery, or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25.

VALUATION OF ASSETS. For the purpose of the Finance Documents, the value at any time of any Mortgaged Ship or a Ship before the Utilisation, or any other asset over which additional security is provided under this clause 25 will be its value as most recently determined in accordance with this clause 25.