Common use of Value of additional vessel security Clause in Contracts

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.314.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 24.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements Market Value of Clause 15.3the vessel concerned.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 (Prepayment; provision of additional security) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315.3 (Valuation of Ships).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315.5.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 23.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements Market Value of Clause 15.3the vessel concerned.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown either by way of a valuation complying with the requirements of Clause 15.314.3 or by a valuation from an independent sale and purchase shipbroker appointed by the Borrowers and approved by the Lender (and on the basis of a sale for prompt delivery for cash on normal arm’s length commercial terms as between a willing seller and willing buyer, free of charter or other contract of employment).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315.3 (Valuation of Ship).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying determined in accordance with the requirements of Clause 15.3its Market Value.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 15.1 (i) and which consists of a Security Interest over a vessel other than the Ship shall be that shown by way of a valuation complying with the requirements of Clause 15.315.4.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown by way of a valuation complying with the requirements of Clause 15.314.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel other than a Ship shall be that shown by way of a valuation complying with the requirements of Clause 15.315.4.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 15.1 (i) and which consists of a Security Interest over a vessel other than a Ship shall be that shown by way of a valuation complying with the requirements of Clause 15.315.4.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315.3 (Valuation of Ships).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown either by way of a valuation complying with the requirements of Clause 15.314.3 or by a valuation from an independent sale and purchase shipbroker approved or appointed by the Lender (and on the basis of a sale for prompt delivery for cash on normal arm’s length commercial terms as between a willing seller and willing buyer, free of charter or other contract of employment).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation Valuation complying with the requirements of Clause 15.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 13.2 and which consists of a Security Interest over a vessel shall be that shown either by way of a valuation complying with the requirements of Clause 15.313.3 or by a valuation from an independent sale and purchase shipbroker appointed by the Borrower and approved by the Lender (and on the basis of a sale for prompt delivery for cash on normal arm's length commercial terms as between a willing seller and willing buyer, free of charter or other contract of employment).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315,3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by way of a valuation complying with the requirements of Clause 15.315.4.

Value of additional vessel security. The net realisable realizable value of any additional security which is provided under Clause 15.2 21.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel ship shall be that shown by a valuation complying with the requirements of Clause 15.321.3 (Valuation of Ships and Newbuildings).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown either by way of a valuation complying with the requirements of Clause 15.314.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying determined in accordance with the requirements of Clause 15.3its Market Value.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 13.2 and which consists of a Security Interest over a vessel shall be that shown either by way of a valuation complying with the requirements of Clause 15.313.3 or by a valuation from an independent sale and purchase shipbroker appointed by the Borrower and approved by the Lender (and on the basis of a sale for prompt delivery for cash on normal arm’s length commercial terms as between a willing seller and willing buyer, free of charter or other contract of employment).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 14.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.314.5 and if in the form of freely available Dollars in cash it will be valued on a dollar for dollar basis.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 15,2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 20.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.320.3.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel other than the Ship shall be that shown by way of a valuation complying with the requirements of Clause 15.315.4.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 and which consists of a Security Interest over a vessel shall be that shown by a valuation two (2) valuations complying with the requirements of Clause 15.315.5.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 (Prepayment; provision of additional security) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.315.3 (Valuation of Ship) and additional security in the form of cash in Dollars will be valued on a Dollar for Dollar basis.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 24.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements of Clause 15.324.3 (Valuation of Ships).

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 27.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation complying with the requirements Market Value of Clause 15.3the vessel concerned.

Value of additional vessel security. The net realisable value of any additional security which is provided under Clause 15.2 (Provision of additional security; prepayment) and which consists of a Security Interest over a vessel shall be that shown by a valuation Valuation complying with the requirements of Clause 15.315.3 (Valuation of Ship).