Creation of additional security. The value of any additional security which the Borrower offers to provide to remedy all or part of a shortfall in the amount of the Security Value will only be taken into account for the purposes of determining the Security Value if and when:
Appears in 10 contracts
Samples: Facility Agreement (GasLog Ltd.), Agreement (Danaos Corp), Agreement (Navigator Holdings Ltd.)
Creation of additional security. The value of any additional security which the Borrower offers Borrowers offer to provide to remedy all or part of a shortfall in the amount of the Security Value will only be taken into account for the purposes of determining the Security Value if and when:
Appears in 6 contracts
Samples: Agreement (Teekay LNG Partners L.P.), Facility Agreement (Quintana Shipping Ltd.), Facility Agreement (Navigator Holdings Ltd.)