Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 46 contracts
Samples: Agreement (Navios Maritime Containers Inc.), Agreement (TBS International LTD), Agreement (Navios Maritime Partners L.P.)
Deposit of original policies. Each The Borrower shall procure that each Owner shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 43 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Paragon Shipping Inc.)
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 34 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Agreement (Seanergy Maritime Holdings Corp.)
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.
Appears in 33 contracts
Samples: Junior Facility Agreement (Global Ship Lease, Inc.), Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Navios Maritime Partners L.P.)
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 28 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Omega Navigation Enterprises, Inc.), Loan Agreement (GasLog Partners LP)
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 15 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Navios Maritime Acquisition CORP)
Deposit of original policies. Each The Borrower shall procure that the Owner shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 10 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement, Loan Agreement (Star Cosmo Llc.)
Deposit of original policies. Each The Borrower shall procure that each Owner shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 10 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Danaos Corp), Loan Agreement (Capital Product Partners L.P.)
Deposit of original policies. Each The Borrower shall procure that the Owner shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 5 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD), Agreement (Capital Product Partners L.P.)
Deposit of original policies. Each The Borrower shall procure that each Owner shall ensure that all policies relating to obligatory insurances effected affected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 3 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Deposit of original policies. Each Borrower The Borrowers shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.
Appears in 3 contracts
Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Assignment Agreement (Pyxis Tankers Inc.), Assignment Agreement (Grindrod Shipping Holdings Ltd.)
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers (where and if applicable or available) through which the insurances are effected or renewed.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Deposit of original policies. Each Borrower The Borrowers shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)
Deposit of original policies. Each The Borrower shall procure that each Owner shall ensure that all policies relating to relevant obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by each of the Owners it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Deposit of original policies. Each Borrower shall, and shall procure that the Collateral Owner shall, ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Deposit of original policies. Each Borrower It shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)
Deposit of original policies. Each Borrower Debtor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers Approved Insurance Brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.)
Deposit of original policies. Each The Borrower shall ensure procure that each Owner ensures that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed. Payment of premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances and produce all relevant receipts when so required by the Security Trustee.
Appears in 1 contract
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances effected by it are effected or renewed.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Deposit of original policies. Each Borrower The Borrowers shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Deposit of original policies. Each The relevant Borrower shall ensure that all policies relating to obligatory insurances effected by it Insurances are deposited with the approved brokers through which the insurances Insurances are effected or renewed.
Appears in 1 contract
Deposit of original policies. Each Borrower shall ensure that all policies issued and relating to obligatory insurances effected by it are deposited by the relevant Borrower, with the approved brokers intermediaries or other approved parties through which the insurances are effected or renewed.
Appears in 1 contract
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Deposit of original policies. Each Borrower shall ensure that all policies issued and relating to obligatory insurances effected by it are deposited by the relevant Borrower with the approved brokers intermediaries or other approved parties through which the insurances are effected or renewed.
Appears in 1 contract
Deposit of original policies. Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers (where and if applicable or available) through which the insurances are effected or renewed. Payment of premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.
Appears in 1 contract
Deposit of original policies. Each Borrower The Owners shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Deposit of original policies. Each The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers and/or insurers through which the insurances are effected or renewed.
Appears in 1 contract
