Mortgagee’s interest additional perils and political risk insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks / rights insurance in such amounts (up to 120% of the Loan), on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate and the Borrowers shall upon demand fully indemnify the Creditor Parties in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.
Mortgagee’s interest and additional peril insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew all or any of the following insurances in such amounts, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate:
Mortgagee’s interest additional perils and political risk insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew (i) mortgagee’s interest marine insurance, (ii) mortgagee’s interest additional perils insurance and/or (iii) mortgagee’s political risks / rights insurance in such amounts (up to 120% of the Loan), on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate and the Borrowers, jointly and severally, shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.
Mortgagee’s interest. 4.1 The Mortgagee acknowledges and declares that it shall be bound by the Obligations contained in this Agreement, and that the security of the Mortgage over the Site shall take effect subject to this Agreement, provided that the Mortgagee shall otherwise have no liability under this Agreement unless it takes possession of or disposes of any interest in the Site, in which case it or the person acquiring the Site (as the case may be) will be bound by the Obligations in the same way as persons deriving title from the Developer.
Mortgagee’s interest. Insurance Agent shall procure, at the expense of the Borrowers, and solely for the Agent and Lenders' own benefit, mortgagee's interest insurance and if necessary, mortgagee's additional perils - pollution policies, or some such other similar policies, providing for the indemnification of the Agent and the Lenders for loss under this Agreement resulting directly or indirectly from loss of or damage to any of the Vessels, which are covered by any of the Borrower's insurance policies or protection and indemnity club entries, but in respect of which there is subsequent non-payment or reduced payment by the underwriters. Exhibit 1.1(a)(i) General Electric Capital Corporation Form of Notice of Revolving Credit Advance (NRCA) COMPANY NAME: [Lower Lakes Towing Ltd./Lower Lakes Transportation Company] CERTIFICATE NUMBER: 1 DATE: Lower Lakes Towing C$ Lower Lakes Trans. U.S. $ U.S. $ TO C$ 1.32 TOTAL C$ (A) (B) (C) = (B) * F/C Rate (A) + (C) 1. ACCOUNTS RECEIVABLE: (Line 5 of previous NRCA dated__________) $ - $ - $ - $ -
Mortgagee’s interest. Insurance of the mortgagee’s interest, to be effected and maintained by the Bank, in the name of the Bank, but at the expenses of the Owner, or Borrower including (if required by the Bank at its sole discretion) Mortgagee’s Asset Protection (Pollution) coverage and/or additional perils pollution in the event the Vessel insured trades in the United States waters or in the Exclusive Economic Zone of the United States (as such term is used in the United States Oil Pollution Act of 1990) or other similar insurance in respect of any pollution claim(s) against such Vessel insured, for the Required Amount, calculated at the last Interest Payment Date, under the “german wording” or similar, for 360 days (or less) or upon such terms as shall from time to time be determined by the Bank;
Mortgagee’s interest additional perils and mortgagee’s rights insurances The Security Agent shall be entitled from time to time to effect, maintain and renew:
Mortgagee’s interest and mortgagee’s interest additional perils insurances. The Security Trustee shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest insurance in an amount equal to equal to 120 per cent. of the Loan and a mortgagee’s interest additional perils insurance in an amount equal to 110 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Trustee may from time to time consider appropriate and the Borrower shall upon demand fully indemnify the Security Trustee in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing such insurances or dealing with, or considering, any matter arising out of such insurances.
Mortgagee’s interest. The Security Trustee shall be entitled from time to time to effect, maintain and renew in such amounts, on such terms, through such insurers and generally in such manner as the Majority Lenders may from time to time consider appropriate:
Mortgagee’s interest. The Agent shall be entitled from time to time to effect, maintain and renew a mortgagees’ interest insurance in an amount equal to 110% of the Loan and otherwise on such terms, through such insurers and generally in such manner as the Lenders may from time to time consider appropriate and the Borrower shall upon demand against appropriate vouchers/invoices fully indemnify the Lenders in respect of all premiums and other expenses which are incurred in connection with or with a view to effecting, maintaining or renewing any such insurance or dealing with, or considering, any matter arising out of any such insurance.
