Hull and Machinery Insurance. (a) Owner shall take out and maintain Hull and Machinery Insurance with first-class marine underwriters at the values set out in this clause (the “Insured Value”).
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Samples: Technology License Agreement (Exmar Energy Partners LP), LNG Vessel Time Charter Party (Exmar Energy Partners LP), Exmar Energy Partners LP
Hull and Machinery Insurance. (a) Owner shall take out and maintain “all risk” Hull and Machinery Insurance with first-first class marine underwriters at up to the values value set out in this clause paragraph (the “Insured Value”).
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