Insurance Undertakings. The Borrowers hereby jointly and severally undertake with the Lender that throughout the Security Period the Borrowers shall (at the expense of the Borrowers and upon such terms, in such amounts and with such Insurers as shall from time to time be approved in writing by the Lender) comply with the following provisions of this Clause 20, except as the Lender may otherwise permit:
Appears in 4 contracts
Samples: Financial Agreement (NewLead Holdings Ltd.), Marfin Egnatia (NewLead Holdings Ltd.), Financial Agreement (NewLead Holdings Ltd.)