Common use of Mortgagee’s interest and additional perils insurances Clause in Contracts

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance in such amounts, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance insurance, in an amount which equals 110 per cent. of the Loan, and a mortgagee’s interest additional perils insurance insurance, in such amountsan amount which equals 100 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance in such amountsamounts (but not exceeding 110 per cent. of the Loan), on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance in such amountsamounts (but not exceeding 110 per cent. of the Loan), on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and insurance, a mortgagee’s interest additional perils insurance in such amountsa minimum amount of 110 per cent. of the aggregate of (i) the Loan and (ii) all other amounts outstanding under the Finance Documents from time to time, and on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance each in such amountsan amount equal to 120 per cent, of the aggregate of (i) the Loan and (ii) any Swap Exposure, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance in respect of each Ship in each case, in such amounts, on such terms, for such value, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance in such amountseach case, in an amount which equals 110 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance in such amounts, an amount of 110% of the aggregate of the Ship Market Value of all the Ships and on such other terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance in such amountsamounts (but not exceeding 120 per cent. of the Loan), on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance (“MII”) and a mortgagee’s interest additional perils (Pollution) insurance (“MAP”) in such amounts, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance each in such amountsan amount of up to 120 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s interest marine insurance and a mortgagee’s interest additional perils insurance each in such amountsan amount of up to 120 per cent, of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance in such amountseach case, in an amount which equals 120 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance each in such amountsan amount of up to 120 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance each in such amountsan amount of 120 per cent. of the Loan, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.

Mortgagee’s interest and additional perils insurances. (a) The Security Agent shall be entitled from time to time to effect, maintain and renew a mortgagee’s 's interest marine insurance and a mortgagee’s 's interest additional perils insurance in such amounts, on such terms, through such insurers and generally in such manner as the Security Agent acting on the instructions of the Majority Lenders may reasonably from time to time consider appropriate.