Common use of War zones Clause in Contracts

War zones. The Ship shall not enter, trade or continue to trade in or remain in any zone which has been declared a war zone by any government entity or the Ship's war risk insurers except if any requirements of the Ship's insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are complied with.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Danaos Corp)

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War zones. The Except with approval, the Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the Ship's ’s war risk insurers except if insurers. If approval is granted for it to do so, any requirements of the Agent and/or the Ship's ’s insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 2 contracts

Samples: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)

War zones. The Except with approval, each Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the that Ship's ’s war risk insurers except if insurers. If approval is granted for it to do so, any requirements of the Agent and/or that Ship's ’s insurers necessary to ensure that the that Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 2 contracts

Samples: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)

War zones. The Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the Ship's ’s war risk insurers except if any insurers, unless appropriate insurances have been taken out by the relevant Owner. Any requirements of the Agent and/or the Ship's ’s insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)

War zones. The No Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the that Ship's war risk insurers except if any requirements of the Agent and/or that Ship's insurers necessary to ensure that the such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are complied with.

Appears in 1 contract

Samples: Facility Agreement (DryShips Inc.)

War zones. The Except with approval of the Ship’s war risk insurers, each Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the such Ship's ’s war risk insurers except if insurers. If approval is granted for it to do so, any requirements of the such Ship's ’s insurers necessary to ensure that the such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

War zones. The Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the Ship's ’s war risk insurers except if any insurers, unless appropriate insurances have been taken out by the relevant Owner. Any requirements of the Agent and/or the Ship's ’s insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied withwith by each Borrower.

Appears in 1 contract

Samples: Loan Agreement (Navigator Holdings Ltd.)

War zones. The Except with approval of the Ship's war risk insurers, each Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the such Ship's war risk insurers except if insurers. If approval is granted for it to do so, any requirements of the such Ship's insurers necessary to ensure that the such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

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War zones. The Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the Ship's war risk insurers except if any insurers, unless appropriate insurances have been taken out by the relevant Owner. Any requirements of the Agent and/or the Ship's insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

War zones. The Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the Ship's ’s war risk insurers except if any insurers, unless additional insurances have been taken out by the relevant Owner. Any requirements of the Agent and/or the Ship's ’s insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are shall be complied with.

Appears in 1 contract

Samples: Loan Facility Agreement (Navigator Holdings Ltd.)

War zones. The No Ship shall not enter, trade or continue to trade in enter or remain in any zone which has been declared a war zone by any government entity or the that Ship's ’s war risk insurers except if any requirements of the Agent and/or that Ship's ’s insurers necessary to ensure that the such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are complied with.

Appears in 1 contract

Samples: Facility Agreement (Quintana Shipping Ltd.)

War zones. The Ship shall not enter, trade or continue to trade in or remain in any zone which has been declared a war zone by any government entity or the Ship's ’s war risk insurers except if any requirements of the Ship's ’s insurers necessary to ensure that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) are complied with.

Appears in 1 contract

Samples: Facility Agreement (Danaos Corp)

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