Common use of Provision of valuations Clause in Contracts

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 (Value of additional vessel security), from an Approved Valuer, to enable the Facility Agent to determine the Fair Market Value of that Ship.

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 29.3 (Value of additional vessel security), from an Approved Valuer, to enable the Facility Agent to determine the Fair Market Value of that Ship.

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 27.2 (Value Provision of additional vessel security; prepayment), from an Approved ValuerValuers, addressed to the Facility Agent at all times as may be required by the Facility Agent, to enable the Facility Agent to determine the Fair Market Value of that ShipShip or any other vessel.

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 28.3 (Value of additional vessel security), from an Approved Valuer, to enable the Facility Agent to determine the Fair Market Value of that Ship.

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 (Value of additional vessel security), from an Approved Valuer, to enable the Facility Agent to determine the Fair Market Value of that Ship.

Provision of valuations. (a) Each Borrower shall provide the The Facility Agent with valuations may, at any time obtain a valuation of the Ship owned by it or that will be owned by it on the relevant Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 24.3 (Value of additional vessel security), from an Approved Valuer, addressed to the Finance Parties, to enable the Facility Agent to determine the Fair Market Value of the Ship or that Shipvessel.

Provision of valuations. (a) Each Borrower shall provide The Borrowers will, at their own cost and expense and at the request of the Facility Agent with valuations Agent, obtain a valuation of the each Ship owned by it a Borrower or that will be owned by it on and from the relevant Utilisation Release Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 23.3 (Value of additional vessel security), from an Approved Valuer, addressed to the Finance parties, to enable the Facility Agent to determine the Fair Market Value of that Ship.Value

Provision of valuations. (a) Each Borrower shall provide the Facility Agent with valuations of the Ship owned by it or that will be owned by it on the relevant first Utilisation Date and any other vessel over which additional Security has been created in accordance with Clause 27.3 29.3 (Value of additional vessel security), from an Approved Valuer, to enable the Facility Agent to determine the Fair Market Value of that Ship.