Common use of Insurance opinion Clause in Contracts

Insurance opinion. an opinion from insurance consultants to the Bank, on the insurances effected or to be effected in respect of each Ship;

Appears in 2 contracts

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)

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Insurance opinion. an opinion from insurance consultants to appointed by the BankBanks, on the insurances Insurances effected or to be effected in respect of each Ship;

Appears in 1 contract

Samples: Agreement (Omega Navigation Enterprises, Inc.)

Insurance opinion. an opinion from insurance consultants to the Bank, on the insurances effected or to be effected in respect of each ShipShip upon and following the drawdown of the Loan;

Appears in 1 contract

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Insurance opinion. an opinion (at the expense of the Borrowers) from insurance consultants to the Bank, on the insurances effected or to be effected in respect of each Shipthe Collateral Ships;

Appears in 1 contract

Samples: Junior Loan Agreement (FreeSeas Inc.)

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Insurance opinion. an opinion from insurance consultants to appointed by the BankBanks, on the insurances effected or to be effected in respect of each such Ship upon and following the Delivery Date for such Ship;

Appears in 1 contract

Samples: Facilities Agreement (Aries Maritime Transport LTD)

Insurance opinion. an opinion from insurance consultants to the BankAgent, on the insurances Insurances effected or to be effected in respect of each Shipthe Relevant Ship(s);

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

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