Alteration to terms of insurances. No Guarantor 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: Credit Agreement (Eagle Bulk Shipping Inc.), Possession Credit Agreement (Eagle Bulk Shipping Inc.), Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Alteration to terms of insurances. No Guarantor 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 3 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.), Facility Agreement (Scorpio Tankers Inc.)
Alteration to terms of insurances. No Guarantor shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance which would cause that Guarantor to be in breach of this Clause 20.
Appears in 3 contracts
Samples: Agreement (Diana Containerships Inc.), Facility Agreement (Diana Containerships Inc.), Agreement (Diana Shipping Inc.)
Alteration to terms of insurances. No Owner Guarantor 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 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Alteration to terms of insurances. No Guarantor shall either make or agree to any alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance which would cause that Guarantor to be in breach of this Clause 22.
Appears in 1 contract
Alteration to terms of insurances. No Guarantor shall (and the Borrower shall procure that no Guarantor 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 1 contract
