Evidence of. insurance Evidence that the Vessels are insured in the manner required by the Security Documents and that letters of undertaking will be issued in the manner required by the Security Documents, together with a written opinion on the Insurances from an insurance adviser appointed by the Agent.
Appears in 5 contracts
Samples: First Supplemental Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Gulfmark Offshore Inc), Loan Facility Agreement (Gulfmark Offshore Inc)
Evidence of. insurance Evidence that the Vessels are insured in the manner required by the Security Documents and that letters of undertaking will be issued in the manner required by the Security Documents, together with a written opinion on the Insurances from an insurance adviser appointed by the Agent.. \P1\3522333.10
Appears in 2 contracts
Samples: Loan Facility Agreement (Teekay LNG Partners L.P.), Loan Facility Agreement (Teekay Shipping Corp)
Evidence of. insurance Evidence In respect of the Vessel to which the Drawing in question relates, evidence that the Vessels are Vessel is insured in the manner required by the relevant Security Documents and that letters of undertaking will be issued in the manner required by the Security Documents, together with a (if required by the Bank and at the expense of the Borrowers) the written opinion on approval of the Insurances from for that Vessel by an insurance adviser appointed by the AgentBank.
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Evidence of. insurance Evidence that each of the Vessels are is insured in the manner required by the Security Documents and that letters of undertaking will be issued in the manner required by the Security Documents, together with a written opinion on the Insurances from an insurance adviser appointed by the Agent.
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