Maintenance of obligatory insurances. Each Borrower shall keep the Ship owned by it insured at the expense of that Borrower against:
Maintenance of obligatory insurances. Each Guarantor shall keep the Ship owned by it insured at its expense against:
Maintenance of obligatory insurances. The Borrower shall keep each Vessel owned by it and each Mortgaged Vessel bareboat chartered by it insured, at its expense, against:
Maintenance of obligatory insurances. The Borrower shall insure the Ship in its name and keep the Ship insured on an agreed value basis for an amount in the currency in which the Loan is denominated approved by the Agent (acting on the instructions of the Majority Lenders) but not being less than the greater of (x) one hundred and twenty per cent. (120%) of the amount of the Loan; and (y) the full market and commercial value of the Ship determined in accordance with Clause 23.4 (Valuation of the Ship) from time to time through internationally recognised independent first class insurance companies, underwriters, war risks and protection and indemnity associations acceptable to the Agent (acting on the instructions of the Majority Lenders), acting reasonably, in each instance on terms and conditions approved by the Agent including as to deductibles but at least in respect of:
Maintenance of obligatory insurances. Each Shipowner shall keep the Ship owned by it insured at the expense of that Shipowner against:
Maintenance of obligatory insurances. On and following the Delivery Date, the Borrower shall keep the Ship insured at the expense of the Borrower against:
Maintenance of obligatory insurances. Each Security Party shall keep the Ship owned by it insured at the expense of that Security Party against:
Maintenance of obligatory insurances. Each of the Guarantors shall keep the Collateral Vessel owned by it insured at its expense against:
Maintenance of obligatory insurances. The Borrower shall keep the Vessel insured at its expense, or shall procure that the Vessel is insured by the Bareboat Charterers (or either of them), against:
Maintenance of obligatory insurances. The Borrower shall insure the Ship in its name and keep the Ship insured on an agreed value basis for an amount in the currency in which the Loan is denominated approved by the Agent but not being less than the greater of (x) [*]% of the amount of the Loan; and (y) the full market and commercial value of the Ship determined in accordance with Clause 13.4 (Valuation of the Ship) from time to time through internationally recognised independent first class insurance companies, underwriters, war risks and protection and indemnity associations acceptable to the Agent in each instance on terms and conditions approved by the Agent including as to deductibles but at least in respect of:
