Approved Broker definition
Approved Broker means any of the companies listed on Schedule 7 or such other company proposed by the Borrowers which the Agent may, with the consent of the Majority Lenders (such consent not to be unreasonably withheld), approve from time to time for the purpose of valuing a Ship, who shall act as an expert and not as arbitrator and whose valuation shall be conclusive and binding on all parties to this Agreement;
Approved Broker means each of Arrow Research Ltd. of London, England, Astrup Fearnley A/S of Oslo, Norway, ▇. ▇▇▇▇▇▇▇▇ & Company Ltd. of London, England, Maersk Broker K/S of Copenhagen, Denmark, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & Young Ltd. of London, England, ▇.▇. ▇▇▇▇▇▇ Shipbrokers of Oslo, Norway and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Salles of Paris, France and includes their respective successors in title and “Approved Brokers” means any or all of them;
Approved Broker means a Firm-approved third-party broker for Employee Securities Accounts.
Examples of Approved Broker in a sentence
If any such Second Valuation is obtained and the results thereof indicate a value for the subject Mortgaged Vessel of at least 110% of the value indicated in the First Valuation, then the Borrower will have 30 days after the receipt of such Second Valuation from the relevant Approved Broker during which to obtain, at its option and at its sole cost and expense, a further additional Valuation (a “Third Valuation”) from one of the Approved Brokers, as selected by the Borrower.
More Definitions of Approved Broker
Approved Broker means one or more securities brokerage or financial services firms designated by Parent from time to time.
Approved Broker means a Firm-approved third-party broker for Personal Securities Accounts.
Approved Broker means each of Arrow Valuations Ltd, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Salles, ▇. ▇▇▇▇▇▇▇▇ & Co. Ltd., Maersk Brokers K/S and ▇▇▇▇ ▇▇▇▇▇▇▇▇ & Co Ltd London and, in the plural, means all of them;
Approved Broker means any reputable insurance broker of recognized responsibility and standing experienced in aircraft insurance.
Approved Broker means each of (i) H Clarkson & Co. Ltd. of St Magnus House, 3 ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, (ii) Arrow Research Ltd. of ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ and (iii) Fearnleys AS of Grev Wedels ▇▇▇▇▇ 9, ▇.▇.▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇-▇▇▇▇ ▇▇▇▇▇▇ or such other reputable, independent and first class firm of shipbrokers specialising in the valuation of vessels of the relevant type appointed by the Bank and agreed with the Borrowers;
Approved Broker means Brax Shipping AS; B▇▇▇▇ ▇▇▇▇▇▇▇▇ S▇▇▇▇▇ ▇.▇., Paris; Clarksons, London; Rocca & Partners S.R.L., Genova; Fearnsale, a division of Astrup Fearnley AS, Oslo; any affiliate of the foregoing; or any other independent sale and purchase ship brokerage firm nominated by the Company and approved by the Administrative Agent (such approval not to be withheld unreasonably).
Approved Broker means any firm nominated by the Parent Borrower and approved by the Agent.