Common use of Minimum required security cover Clause in Contracts

Minimum required security cover. Clause 15.2 applies if (after the Ship has been delivered to it under the Shipbuilding Contract) the Agent notifies the Borrower that:

Appears in 2 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

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Minimum required security cover. Clause 15.2 applies if (after the a Ship has been delivered to it an Owner under the Shipbuilding Contract) the Agent notifies the Borrower that:

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Minimum required security cover. Clause 15.2 (Provision of additional security; prepayment) applies if (after the a Ship has been delivered to it an Owner under the Shipbuilding Contract) the Agent notifies the Borrower that:

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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Minimum required security cover. Clause 15.2 applies if (after the Ship has been delivered to it the Borrower under the Shipbuilding Contract) the Agent notifies the Borrower that, according to the determination mechanism under Clause 15.3:

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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