Mortgagee’s insurance. The Borrower shall promptly reimburse to the Agent the cost (as conclusively certified by the Agent) of taking out and keeping in force in respect of the Ship and the other Mortgaged Ships on approved terms, or in considering or making claims under:
Mortgagee’s insurance. The Security Agent shall be at liberty to take out Mortgagees’ Insurance up to an amount equal to one hundred and twenty per cent of the Loan outstanding and the Borrower shall from time to time within ten Business Days of demand reimburse and indemnify the Security Agent for all costs, premiums and expense paid or incurred by the Security Agent in connection with any Mortgagees’ Insurances.
Mortgagee’s insurance. The Borrower shall promptly reimburse to the Facility Agent the cost (pre-approved by the Borrower, such approval not to be unreasonably withheld or delayed) (with certification by the Facility Agent being prima facie evidence) of taking out and keeping in force in respect of the Vessel on terms in line with international market standards, or in considering or making claims under, a mortgagee’s interest insurance for the benefit of the Finance Parties for an amount acceptable to K-sure and up to its minimum hull cover.
Mortgagee’s insurance. 24.6 The Borrower shall promptly reimburse to the Agent the cost (as conclusively certified by the Agent) of taking out and keeping in force in respect of the Ship and the other Mortgaged Ships on approved terms, mortgagee’s additional perils (pollution risks) cover for the benefit of the Finance Parties for an aggregate amount up to one hundred and twenty per cent (120%) of the aggregate of the Loans outstanding and the undrawn and uncancelled Total Revolving Credit Facility Commitments. Fleet liens, set off and cancellations
Mortgagee’s insurance. 24.6 The Borrower shall promptly reimburse to the Agent the cost (as conclusively certified by the Agent) of taking out and keeping in force in respect of the Ship and the other Mortgaged Ships on approved terms, mortgagee's additional perils (pollution risks) cover for the benefit of the Finance Parties for an aggregate amount up to one hundred and twenty per cent (120%) of the aggregate of the Revolving Credit Facility Loans outstanding and the undrawn and uncancelled Total Revolving Credit Facility Commitments that do not form part of the Suspended Undrawn Revolving Credit Facility.
Mortgagee’s insurance. The Obligors shall promptly reimburse to the Security Agent on first demand the cost (as conclusively certified by the Administrative Agent (as instructed by the Required Lenders)) of taking out and keeping in force in respect of the Ship and the other Mortgaged Ships on approved terms, or in considering or making claims under:
Mortgagee’s insurance. The Borrower agrees that the Agent shall be at liberty to take out mortgagees' interest insurance and mortgagees additional perils (oil pollution) insurance in relation to each Vessel for not less than one hundred ten per cent (110%) of the Vessel Tranche applicable thereto and otherwise on such terms and conditions as the Agent may from time to time decide, and the Borrower shall from time to time on demand reimburse the Agent for all reasonable costs, premiums and expenses paid or incurred by the Agent in connection with such insurances.
Mortgagee’s insurance. In addition to all other insurance required above, Borrower shall, at its own expense, provide Administrative Agent with (a) mortgagee's interest insurance or breach of warranty endorsement on the Inventory, Equipment and other Collateral, and (b) Mortgagee's interest insurance on the Louisiana Facility, in favor of Administrative Agent with such underwriters as approved by Administrative Agent, in an aggregate amount for (a) and (b) equal to at least the principal amount of the Obligations.
Mortgagee’s insurance. Fees Payment to the Lender of all fees in relation to inspections, valuations, legal fees and premiums for Mortgagee’s Insurances. SCHEDULE 2: Calculation of Mandatory Cost 1 The Mandatory Cost is an addition to the interest rate to compensate the Lender for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Mortgagee’s insurance. The Obligors shall promptly reimburse to the Lender the cost (as conclusively certified by the Lender) of taking out and keeping in force in respect of the Ship and the other Ships on approved terms, or in considering or making claims under:
