Common use of Xxxx and Machinery Clause in Contracts

Xxxx and Machinery. Insurance against fire and usual marine risks (including Excess Risks if so required by the Bank) on an agreed value basis, on a full cover and all risks basis according to English or American or similar Hull Clauses, for the Required Amount, with such reasonable deductible and upon such terms as shall from time to time be approved in writing by the Bank;

Xxxx and Machinery. Insurance insurance against fire and usual marine risks (including Excess Risks if so required by the Bank) on an agreed value basis, on a full cover and cover/all risks basis according to English English, American [or American or similar Norwegian] Hull Clauses, for the Required Amount, Clauses with such a reasonable deductible and upon such terms as shall from time to time be approved in writing by the Bank;; and

Xxxx and Machinery. Insurance insurance against fire and usual marine risks (including Excess Risks if so required by the Bank) on an agreed value basis, on a full cover and cover/all risks basis according to English or American Hull Clauses or similar Hull Clauses, for the Required Amount, equivalent with such a reasonable deductible and upon such terms as shall from time to time be approved in writing by the Bank;; and