Common use of Valuations procedure Clause in Contracts

Valuations procedure. The value of any Ship shall be determined in accordance with, and by valuers approved and appointed in accordance with, this clause 23. Additional security provided under this clause 23 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approved.

Valuations procedure. The value of any Ship shall be determined in accordance with, and by valuers approved and appointed in accordance with, this clause 2325. Additional security provided under this clause 23 25 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approvedapproved by the Lenders or as may be agreed in writing by the Borrower and the Agent (on the instructions of the Lenders).

Valuations procedure. The value of any the Ship shall be determined in accordance with, and by valuers approved and appointed in accordance with, this clause 23. Additional security provided under this clause 23 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approved24.

Valuations procedure. The value of any Mortgaged Ship shall be determined in accordance with, and by valuers approved and two Approved Valuers appointed in accordance with, this clause 2325. Additional security provided under this clause 23 25 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approvedapproved by the Majority Lenders or as may be agreed in writing by the Borrower and the Agent (on the instructions of the Majority Lenders).

Valuations procedure. The value of any Mortgaged Ship shall be determined in accordance with, and by valuers approved and Approved Valuers appointed in accordance with, this clause 2325. Additional security provided under this clause 23 25 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approvedapproved by the Majority Lenders or as may be agreed in writing by the Borrower and the Agent (on the instructions of the Majority Lenders).

Valuations procedure. The value of any Mortgaged Ship shall be determined in accordance with, and by valuers approved and two Approved Valuers appointed in accordance with, this clause 2326. Additional security provided under this clause 23 26 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approvedapproved by the Majority Lenders or as may be agreed in writing by the Borrowers and the Agent (on the instructions of the Majority Lenders).

Valuations procedure. The value of any the Ship shall be determined in accordance with, and by valuers approved and appointed in accordance with, this clause 23. Additional security provided under this clause 23 shall be valued in such a way, on such a basis and by such persons (including the Agent itself) as may be approved.