Approved Brokers definition

Approved Brokers means such firm of insurance brokers, appointed by the Charterer during the Charter Period, as may from time to time be approved in writing by the Mortgagee for the purposes of this Deed;
Approved Brokers means any firm or firms of insurance brokers approved in writing by the Facility Agent, acting with the authorisation of the Majority Lenders.
Approved Brokers means ▇. ▇▇▇▇▇▇▇▇ & Co. Ltd, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & Young Shipbrokers Ltd, Compass Maritime Services LLC, Fearnley AS, ▇. ▇. ▇▇▇▇▇▇ AS and ▇.▇. ▇▇▇▇▇▇ AS.

Examples of Approved Brokers in a sentence

  • The Borrower shall ensure that all policies relating to obligatory insurances are deposited with the Approved Brokers through which the insurances are effected or renewed.

  • Each Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the Approved Brokers through which the insurances are effected or renewed.

  • The Borrower shall ensure that all policies relating to obligatory insurances effected by it are deposited with the Approved Brokers through which the insurances are effected or renewed.


More Definitions of Approved Brokers

Approved Brokers means the ship broker/consultancy firms ▇▇ ▇▇▇▇▇▇, Fearnleys and ODS Petrodata or such other reputable and independent consultancy or ship broker firm approved by the Agent, such consent not to be unreasonably withheld or delayed.
Approved Brokers means such insurance companies and/or underwriters or, in the case of war risks and protection and indemnity risks, war risks and protection and indemnity risks associations as have been approved by the Facility Agent, acting with the authorisation of the Majority Lenders in writing in advance.
Approved Brokers means any or all of them;
Approved Brokers means the insurance brokers appointed by the Borrower with the Lender's prior approval;
Approved Brokers means any firm or firms of insurance brokers approved in writing by the Facility Agent (acting on the instructions of the Majority Lenders).
Approved Brokers means any firm or firms of insurance brokers approved in writing by the Lender, such approval not to be unreasonably withheld or delayed.
Approved Brokers means Fearnleys A/S, ▇▇ ▇▇▇▇▇▇ ASA, ▇▇▇▇▇▇▇▇▇ & Stemoco AS and any other ship broker approved by the Lenders.