Common use of Alteration to terms of insurances Clause in Contracts

Alteration to terms of insurances. No Borrower shall make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 33 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facilities Agreement (Ardmore Shipping Corp), Facility Agreement (Navios Maritime Partners L.P.)

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Alteration to terms of insurances. No Each Borrower shall neither make or nor agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 16 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Containers L.P.)

Alteration to terms of insurances. No Borrower shall either make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance.

Appears in 14 contracts

Samples: Loan Agreement (Top Ships Inc.), Agreement (TBS International LTD), Loan Agreement (Box Ships Inc.)

Alteration to terms of insurances. No The Borrower shall neither make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance.

Appears in 11 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Alteration to terms of insurances. No Borrower shall make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Alteration to terms of insurances. No Borrower shall make or agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance.

Appears in 6 contracts

Samples: Agreement (Navios Maritime Containers Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Alteration to terms of insurances. No The Borrower shall not make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Assignment Agreement (Pyxis Tankers Inc.), Assignment Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Alteration to terms of insurances. (a) No Borrower shall make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Diana Shipping Inc.

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Alteration to terms of insurances. No Borrower shall make or nor agree to any alteration to the terms of any obligatory insurance or nor waive any right relating to any obligatory insurance.

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Alteration to terms of insurances. No Borrower shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Star Bulk Management Inc.)

Alteration to terms of insurances. (a) No Borrower shall make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Alteration to terms of insurances. No Borrower Debtor shall make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insurance.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.)

Alteration to terms of insurances. No Borrower shall either make or agree to any alteration to the terms of any obligatory insurance or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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