Common use of Pollution Liability Insurance Clause in Contracts

Pollution Liability Insurance. an extra insurance in respect of excess Oil Pollution Liability (including -if the vessel insured is a tanker- the Civil Liability Convention certificate) including full cover of pollution risks for the amount up to the maximum commercially available limit and upon such terms as shall be commercially available and accepted by the Bank; and

Appears in 9 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Agreement (Top Ships Inc.), Credit Agreement (Paragon Shipping Inc.)

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Pollution Liability Insurance. an extra insurance in respect of excess Oil Pollution Liability (including -if the vessel Vessel insured is a tanker- the Civil Liability Convention certificate) including full cover of pollution risks for the amount up to the maximum commercially available limit and upon such terms as shall be commercially available and accepted by the Bank; and

Appears in 2 contracts

Samples: Second Supplemental Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

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Pollution Liability Insurance. an An extra insurance in respect of excess Oil Pollution Liability (including -if the vessel insured is a tanker- the Civil Liability Convention certificate) including full cover of pollution risks for the amount up to the maximum commercially available limit and upon such terms as shall be commercially available and accepted by the BankMortgagee; and

Appears in 1 contract

Samples: FreeSeas Inc.

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