Common use of Alteration to terms of insurances Clause in Contracts

Alteration to terms of insurances. Neither Borrower shall make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 8 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

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Alteration to terms of insurances. Neither Borrower None of the Borrowers shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 8 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Alteration to terms of insurances. Neither The Borrower shall neither make or nor agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 7 contracts

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

Alteration to terms of insurances. Neither Borrower shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 6 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Star Bulk Management Inc.), Agreement (NewLead Holdings Ltd.)

Alteration to terms of insurances. Neither The Borrower shall not make or nor agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (GasLog Partners LP), Loan Agreement

Alteration to terms of insurances. Neither The Borrower shall neither make or nor agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)

Alteration to terms of insurances. Neither Borrower The Borrowers shall not either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

Alteration to terms of insurances. Neither The Borrower shall neither make or nor agree to any alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Alteration to terms of insurances. Neither The Borrower shall neither make or agree to any alteration to the terms theterms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 3 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Alteration to terms of insurances. Neither Borrower shall, and shall procure that neither Borrower shall, make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Alteration to terms of insurances. Neither Borrower shall make or agree to any alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.

Appears in 2 contracts

Samples: Facility Agreement (Castor Maritime Inc.), Agreement (Scorpio Tankers Inc.)

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Alteration to terms of insurances. Neither Each Borrower shall neither make or nor agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance other than where alterations are mandatory to strictly comply with international conventions or Sanctions Laws.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Alteration to terms of insurances. Neither Borrower shall either make or agree to any alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Alteration to terms of insurances. Neither The relevant Borrower shall neither make or nor agree to any alteration to the terms of any obligatory insurance Insurance nor waive any right relating to any obligatory insuranceInsurance.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Alteration to terms of insurances. Neither Borrower shall either make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Alteration to terms of insurances. Neither Borrower shall either make or agree to any alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insurance.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Alteration to terms of insurances. Neither Borrower shall make or nor agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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