Copies of policies; letters of undertaking. The Borrower shall procure that each Guarantor shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected or renewed and of a letter or letters or undertaking in a form required by the Security Trustee and that:
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Copies of policies; letters of undertaking. The Borrower shall procure that each Corporate Guarantor shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected they effect or renewed renew and of a letter or letters or undertaking in a form required by the Security Trustee Majority Lenders and including undertakings by the approved brokers that:
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Copies of policies; letters of undertaking. The Borrower shall procure that each Each Owner Guarantor shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected they are to affect or renewed renew and of a letter or letters or undertaking in a form required by the Security Trustee Majority Lenders and including undertakings by the brokers that:
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Copies of policies; letters of undertaking. The Borrower shall procure that each Guarantor Guarantors shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies statements detailing the intended cover of all policies relating to the obligatory insurances Insurances which have been effected they are to effect or renewed renew and of a letter or letters or undertaking in a form required by the Security Trustee and including undertakings by the approved brokers that:
Appears in 2 contracts
Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)
Copies of policies; letters of undertaking. The Borrower shall procure that each Guarantor and each Collateral Guarantor shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected or renewed and of a letter or letters or undertaking in a form required by the Security Trustee and that:
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Copies of policies; letters of undertaking. The Borrower shall procure that each Guarantor shall ensure that all approved insurance brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected they are to effect or renewed renew and of a letter or letters or undertaking in a form required by the Security Trustee and including undertakings by the approved brokers that:
Appears in 1 contract
Copies of policies; letters of undertaking. The Borrower shall procure that each Each Guarantor shall ensure that all approved brokers provide the Security Trustee as soon as practicable with pro forma copies of all policies relating to the obligatory insurances which have been effected they are to affect or renewed renew and of a letter or letters or of undertaking in a form required by the Security Trustee Majority Lenders and including undertakings by the approved brokers that:
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)