Common use of Application of proceeds of Insurances Clause in Contracts

Application of proceeds of Insurances. All proceeds of the Insurances received by the Assignee pursuant to the assignment in this Deed shall be applied in accordance with the loss payable clauses endorsed on the Insurances, clause 8 of the Fourth Priority Security Co-ordination Deed and section 4.05 of the Credit Agreement.

Appears in 4 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.