Common use of War zones Clause in Contracts

War zones. Except with approval, each Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that Ship’s war risk insurers. If approval is granted for it to do so, any requirements of the Agent and/or that Ship’s insurers necessary to ensure that that Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 2 contracts

Sources: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.)

War zones. Except with approval, each The Ship shall not enter enter, trade or continue to trade in or remain in any zone which has been declared a war zone by any government entity or that the Ship’s 's war risk insurers. If approval is granted for it to do so, insurers except if any requirements of the Agent and/or that Ship’s 's insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be are complied with.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (Danaos Corp)

War zones. Except with approval, each the Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that the Ship’s war risk insurers. If approval is granted for it to do so, any requirements of the Agent and/or that the Ship’s insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 2 contracts

Sources: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)

War zones. Except with approval, each The Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that the Ship’s war risk insurers, unless appropriate insurances have been taken out by the relevant Owner. If approval is granted for it to do so, any Any requirements of the Agent and/or that the Ship’s insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 2 contracts

Sources: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)

War zones. Except with approval, each The Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that the Ship’s 's war risk insurers, unless appropriate insurances have been taken out by the relevant Owner. If approval is granted for it to do so, any Any requirements of the Agent and/or that the Ship’s 's insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 1 contract

Sources: Facility Agreement (Navigator Holdings Ltd.)

War zones. Except with approval, each The Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that the Ship’s war risk insurers, unless additional insurances have been taken out by the relevant Owner. If approval is granted for it to do so, any Any requirements of the Agent and/or that the Ship’s insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 1 contract

Sources: Loan Facility Agreement (Navigator Holdings Ltd.)

War zones. Except with approval, each The Ship shall not enter enter, trade or continue to trade in or remain in any zone which has been declared a war zone by any government entity or that the Ship’s war risk insurers. If approval is granted for it to do so, insurers except if any requirements of the Agent and/or that Ship’s insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be are complied with.

Appears in 1 contract

Sources: Facility Agreement (Danaos Corp)

War zones. Except with approval, each No Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that Ship’s war risk insurers. If approval is granted for it to do so, insurers except if any requirements of the Agent and/or that Ship’s insurers necessary to ensure that that such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be are complied with.

Appears in 1 contract

Sources: Facility Agreement (Quintana Shipping Ltd.)

War zones. Except with approvalapproval of the Ship's war risk insurers, each Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that such Ship’s 's war risk insurers. If approval is granted for it to do so, any requirements of the Agent and/or that such Ship’s 's insurers necessary to ensure that that such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)

War zones. Except with approval, each No Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that Ship’s 's war risk insurers. If approval is granted for it to do so, insurers except if any requirements of the Agent and/or that Ship’s 's insurers necessary to ensure that that such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be are complied with.

Appears in 1 contract

Sources: Facility Agreement (DryShips Inc.)

War zones. Except with approvalapproval of the Ship’s war risk insurers, each Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that such Ship’s war risk insurers. If approval is granted for it to do so, any requirements of the Agent and/or that such Ship’s insurers necessary to ensure that that such Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied with.

Appears in 1 contract

Sources: Loan Agreement (Dorian LPG Ltd.)

War zones. Except with approval, each The Ship shall not enter or remain in any zone which has been declared a war zone by any government entity or that the Ship’s war risk insurers, unless appropriate insurances have been taken out by the relevant Owner. If approval is granted for it to do so, any Any requirements of the Agent and/or that the Ship’s insurers necessary to ensure that that the Ship remains properly insured in accordance with the Finance Documents (including any requirement for the payment of extra insurance premiums) shall be complied withwith by each Borrower.

Appears in 1 contract

Sources: Loan Agreement (Navigator Holdings Ltd.)