Approved Brokers definition

Approved Brokers means such firm of insurance brokers, appointed by the Charterer during the Charter Period, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;
Approved Brokers means X. Xxxxxxxx & Co. Ltd, Xxxxxxx Xxxxxx & Xxxxx Shipbrokers Ltd, Fearnley AS, X. X. Xxxxxx AS and Seabrokers Group.
Approved Brokers means any firm or firms of insurance brokers approved in writing by the Facility Agent (acting on the instructions of the Majority Lenders).

Examples of Approved Brokers in a sentence

  • In the event that the Borrower fails or refuses to obtain the valuations required by this clause, the Facility Agent may, at the direction of the Majority Lenders, obtain such valuations from Approved Brokers, at the Borrower’s cost, which valuations shall be deemed the equivalent of valuations duly obtained by the Borrower pursuant to this clause, but the Facility Agent’s action in doing so shall not excuse any default of the Borrower hereunder.


More Definitions of Approved Brokers

Approved Brokers means the ship broker/consultancy firms XX Xxxxxx, Fearnleys and ODS Petrodata or such other reputable and independent consultancy or ship broker firm approved by the Agent, such consent not to be unreasonably withheld or delayed.
Approved Brokers means any firm or firms of insurance brokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders.
Approved Brokers means such firm of insurance brokers, appointed by the Owner, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;
Approved Brokers means such insurance companies and/or underwriters or, in the case of war risks and protection and indemnity risks, war risks and protection and indemnity risks associations as have been approved by the Facility Agent, acting with the authorisation of the Majority Lenders in writing in advance.
Approved Brokers means any or all of them;
Approved Brokers means X.X. Xxxxxx Offshore, ODS Petrodata, H. Clarksons & Co Ltd. and Fearnley Offshore AS, or such other brokers as may be approved by the Facility Agent and the Owner in writing.
Approved Brokers means Arrow Shipbroking Group, Fearnley Shipbrokers AS, Sealeague AS and R.X. Xxxxxx AS and such other brokers as approved by the Company from time to time, and an “Approved Broker” means any of them.