Insurance Consultant. The Borrower shall have executed and delivered or caused all relevant third parties to execute and deliver all documentation and authorizations necessary for the Insurance Consultant to communicate and receive verifications of coverage and obtain other information from the Issuing Insurance Companies related to the Subject Policies, as determined by the Administrative Agent in its sole and absolute discretion.
Insurance Consultant. Reports produced by the Insurance Consultant, in form and substance satisfactory to the Administrative Agent.
Insurance Consultant. The Borrower acknowledges that all policies of insurance shall be subject to review and approval by an insurance consultant acting on behalf of the Lender and the Borrower agrees to pay for the consultant’s fees in connection with such review.
Insurance Consultant. Kosmos and the Finance Parties hereby confirm the appointment of Xxxxx-XxXxxx, LLC as Insurance Consultant, upon the terms and subject to the conditions set out in the Insurance Consultant Appointment Letter.
Insurance Consultant. (i) With respect to any Material Project, delivery of the Insurance Consultant’s certificate with respect to such Project, in substantially the form of Exhibit I-3, confirming the Borrower’s substantial compliance with the minimum insurance requirements.
Insurance Consultant. The Lender may appoint an independent Insurance Consultant to advise the Lender regarding the adequacy of all insurance coverage related to the Project and to make recommendations in respect thereto; and
Insurance Consultant. For purposes of this Agreement, the "Insurance Consultant" shall be Xxxxx McLennan USA, Inc. or such other replacement insurance consulting firm selected in accordance with this Section 10.1. Borrower or the Majority Banks may remove the Insurance Consultant in the event that such Insurance Consultant (a) ceases to be a insurance consulting firm 91 of recognized international standing, (b) has become an Affiliate of NEG or (c) has developed a conflict of interest that reasonably calls into question such firm's capacity to exercise independent judgment. If the Insurance Consultant is removed or resigns and thereby ceases to act as Insurance Consultant for purposes of this Agreement, the Majority Banks and Borrower shall, within 30 days of such removal or resignation, jointly designate a replacement insurance consulting firm from the list contained in Exhibit N hereto and, thereafter, Administrative Agent shall promptly notify the Banks and the Lender Group Agents on behalf of their respective Lender Groups of such designation. At any time and from time to time, the Majority Banks shall have the right to add to Exhibit N hereto one or more independent insurance consulting firms and shall notify Borrower, the Banks and the Lender Group Agents on behalf of their respective Lender Groups of any such addition. Exhibit N hereto shall automatically be deemed amended to reflect such addition unless, within 30 days of such notification, Borrower notifies Administrative Agent that it objects, on the basis of the criteria set out in clauses (a) through (c) above for removal of the Insurance Consultant, to the firm or firms so added. At any time while the Obligations are outstanding, Administrative Agent, the Arrangers, the Banks and the Lender Group Members shall have the right, but shall not be obligated (other than as expressly provided herein or in the other Credit Documents), to consult with the Insurance Consultant on matters related to this Agreement or any other Credit Document. All reasonable fees and expenses of the Insurance Consultant (whether the original one or replacements) shall be paid by Borrower.
Insurance Consultant. Administrative Agent may retain, at Borrowers’ sole expense, an independent insurance consultant to evaluate the sufficiency of the insurance to be carried by Borrowers and Operating Lessee under Section 2.32; provided however that, so long and no Default is continuing, Borrowers shall only be obligated to pay for such independent evaluation one (1) time per calendar year.
Insurance Consultant. For purposes of this Agreement, the "Insurance Consultant" shall be Xxxxx McLennan USA Inc. or such other replacement insurance consulting firm selected in accordance with this Section 10.1(b). The Insurance Consultant may be removed by XLCA (if XLCA is the Controlling Party) or the Issuer. If the Insurance Consultant is removed or resigns and thereby ceases to act as Insurance Consultant for purposes of this Agreement, the Issuer and XLCA (if XLCA is the Controlling Party) shall, within 30 days of such removal or resignation, together (or the Issuer alone if XLCA is not the Controlling Party) designate a replacement insurance consulting firm of recognized national standing as Insurance Consultant and, thereafter, the Issuer shall promptly notify the Trustee and the Collateral Agent in writing of such designation. If an Issuer Event of Default shall have occurred and be continuing and XLCA is the Controlling Party, XLCA alone shall have the right to remove or appoint an Insurance Consultant pursuant to this Section 10.1(b). At any time while the Obligations are outstanding, the Controlling Party and the other Secured Parties shall have the right, but shall not be obligated (other than as expressly provided herein or in the other Financing Documents), to consult with the Insurance Consultant on matters related to this Agreement or any other Operative Document. All reasonable fees and expenses of the Insurance Consultant (whether the original one or replacements) shall be paid by the Issuer; provided that any such fee or expense, or related group of fees or expenses, in excess of $10,000 shall be approved by the Issuer.
