Common use of Insurance Report Clause in Contracts

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers appointed by the Facility Agent in respect of the insurances on each Vessel, in form and substance satisfactory to the Facility Agent.

Appears in 2 contracts

Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp)

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Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each the Vessel, in form and substance satisfactory to the Facility Agent; the cost of such report to be for the account of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the Borrower;

Appears in 2 contracts

Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each New Credit Support Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the Borrower;

Appears in 2 contracts

Samples: Credit Agreement and Parent Guaranty (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Insurance Report. The Facility Agent shall have received (if requested at its option) a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the Borrowers;

Appears in 1 contract

Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the Borrowers;

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each the relevant Vessel, in form and substance satisfactory to the Facility Agent; the cost of such report to be for the account of the Borrowers.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

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Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each 2020 New Credit Support Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the Borrower;

Appears in 1 contract

Samples: Credit Agreement and Parent Guaranty (SEACOR Marine Holdings Inc.)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers appointed by the Facility Agent in respect of the insurances on each Vesselthe Newbuilding, in form and substance satisfactory to the Facility Agent, the cost of which will be for the account of the Borrowers.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers appointed by the Facility Agent in respect of the insurances on each Vesselcovering the Vessels, in form and substance satisfactory to the Facility Agent, the cost of which will be for the account of the Borrowers.

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

Insurance Report. The Facility Agent shall have received a detailed report from a firm of independent marine insurance brokers consultants appointed by the Facility Agent in respect of the insurances on each the applicable Vessel, in form and substance satisfactory to the Facility Agent., the cost of such report to be for the account of the relevant Borrower;

Appears in 1 contract

Samples: Consent and Agreement (SEACOR Marine Holdings Inc.)

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