Common use of Valuation of Ships Clause in Contracts

Valuation of Ships. The Market Value of each Mortgaged Ship or any Fleet Vessel at any date is that shown by taking the arithmetic means of two valuations issued by 2 Approved Brokers:

Valuation of Ships. The Market Value of each a Mortgaged Ship (or any other Fleet Vessel Vessel) at any date is that shown by taking the arithmetic means of two valuations issued by 2 Approved Brokersvaluations, each valuation to be prepared:

Valuation of Ships. The Market Value of each Mortgaged a Ship (or any other Fleet Vessel Vessel) at any date during the Security Period is that shown by taking the arithmetic means of two valuations issued by 2 Approved Brokersvaluations, each valuation to be prepared:

Valuation of Ships. The Market Value of each a Mortgaged Ship or any other Fleet Vessel at any date is that shown by taking the arithmetic means of two valuations issued by 2 Approved Brokerseach prepared:

Valuation of Ships. The Market Value of each Mortgaged a Ship or any Fleet Vessel at any date is that shown by taking the arithmetic means mean of two valuations issued by 2 Approved Brokersdesktop valuations, each addressed to the Lender and prepared:

Valuation of Ships. The Market Value market value of each Mortgaged a Ship or any Fleet Vessel or, as the case may be, New Ship at any date is that shown by taking the arithmetic means mean of two valuations issued by 2 Approved Brokerseach prepared: