Alteration to terms of insurances. The Borrower shall not be entitled to make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Sources: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Alteration to terms of insurances. The Borrower Borrowers shall not be entitled to either make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Sources: Amending and Restating Agreement (TBS International PLC), Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms theterms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 3 contracts
Sources: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor waive any material right relating to any obligatory insurance.
Appears in 2 contracts
Sources: Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insuranceinsurance without the consent of the Agent.
Appears in 2 contracts
Sources: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)
Alteration to terms of insurances. The relevant Borrower shall not be entitled to neither make or nor agree to any material alteration to the terms of any obligatory insurance Insurance nor waive any right relating to any obligatory insuranceInsurance.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or nor agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.
Appears in 1 contract
Sources: Loan Agreement (StealthGas Inc.)
Alteration to terms of insurances. The Borrower shall not be entitled to either make or agree to any material alteration to the terms of any obligatory insurance nor waive any right relating to any obligatory insurance.
Appears in 1 contract
Sources: Loan Agreement (Pyxis Tankers Inc.)
Alteration to terms of insurances. The Borrower shall not be entitled to make or agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee.
Appears in 1 contract
Alteration to terms of insurances. The Borrower shall not be entitled to neither make or agree to any material alteration to the terms of any obligatory insurance nor or waive any right relating to any obligatory insuranceinsurance without the prior written consent of the Security Trustee (not to be unreasonably withheld).
Appears in 1 contract
Sources: Loan Agreement (EuroDry Ltd.)