Vessel’s Value to Debt Ratio. The Borrower hereby undertakes that, from the date of this Agreement and as long as any money is due and/or owing and/or outstanding under this Agreement or any of the other Security Documents, the Borrower will ensure that the aggregate of (i) the Security Value shall be at least equal to of the Security Requirement at the relevant time and if at any relevant time the Security Value is less than the Security Requirement, they will within thirty (30) Banking Days of being advised by the Bank of such event either:
(i) provide the Bank with such additional security as shall in the reasonable opinion of the Bank be adequate to make up such deficiency and which shall take such form and shall be constituted by such documentation and be entered into between such parties as the Bank may reasonable approve or require (and, if the Borrower does not make proposals satisfactory to the Bank in relation to such additional security within the aforesaid period of fifteen (15) Banking Days of the date of the Bank’s notification to the Borrower aforesaid, the Borrower shall be deemed to have elected to prepay in accordance with sub-clause (ii) below), or
(ii) prepay (in accordance with Clause 4.2 (but without regard to the requirement for ten (10) days notice) such amount of the Loan as will ensure that the aggregate Market Value (determined as aforesaid) of the Vessel and any such additional security is after such prepayment at least equal to 125% of the aggregate of (i) the Loan and (ii) the Swap Exposure. Such additional security shall be constituted by:
