Deposit of original policies. 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.
Deposit of original policies. Each Guarantor 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.
Deposit of original policies. Each Ship Owning Borrower shall use its best endeavours to 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.
Deposit of original policies. Each New Owner shall ensure that all policies relating to obligatory insurances or contracts for such insurances are deposited with the approved brokers through which the insurances are effected or renewed.
Deposit of original policies. Each Shipowner 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.
Deposit of original policies. The relevant Security Party shall ensure that all policies relating to obligatory insurances are deposited with the approved brokers through which the insurances are effected or renewed.
Deposit of original policies. The Borrower shall (and to the extent applicable shall procure in all cases that each other Security Party or other entity if named as co-assured in the insurance policies will) ensure that all policies relating to obligatory insurances are deposited with the approved brokers through which the insurances are effected or renewed.
Deposit of original policies. Each Guarantor shall in relation to each Ship owned by it ensure that all policies relating to obligatory insurances are deposited with the approved brokers through which the insurances are effected or renewed.
Deposit of original policies. The Borrower shall procure that each Guarantor and each Collateral Guarantor shall ensure that all policies issued and relating to obligatory insurances are deposited by the relevant Guarantor or Collateral Guarantor, with the approved intermediaries or other approved parties through which the insurances are effected or renewed.
Deposit of original policies. The Drillship Owner shall ensure that all policies relating to obligatory insurances effected by it are deposited with the brokers through which the insurances are effected or renewed. 253
