Alteration to terms of insurances. Neither Borrower shall make or agree to any alteration to the material terms of any obligatory insurance or waive any right relating to any obligatory insurance, subject to the prior written consent of the Lender (such consent not to be unreasonably withheld or delayed).
Appears in 1 contract
Sources: Term Loan Facility Agreement (Seanergy Maritime Holdings Corp.)
Alteration to terms of insurances. Neither Borrower shall either make or agree to any alteration to the material terms of any obligatory insurance or waive any right relating to any obligatory insurance, subject to insurance without the prior written consent of the Lender (such consent not to be unreasonably withheld or delayed)Security Trustee.
Appears in 1 contract
Alteration to terms of insurances. Neither No Borrower shall either make or agree to any alteration to the material terms of any obligatory insurance or nor waive any right relating to any obligatory insurance, subject to insurance without the Lender's prior written consent of the Lender (such consent not to be unreasonably withheld or delayedwithheld).
Appears in 1 contract
Sources: Loan Agreement (EuroDry Ltd.)
Alteration to terms of insurances. Neither The Borrower shall procure that neither Owner shall neither make or agree to any alteration to the material terms of any obligatory insurance or waive any right relating to any obligatory insurance, subject to insurance without the prior written consent of the Lender (such consent not to be unreasonably withheld or delayed)Lender.
Appears in 1 contract
Sources: Amending and Restating Agreement (Star Bulk Carriers Corp.)
Alteration to terms of insurances. Neither Borrower The Borrowers shall neither make or agree to any material alteration to the material terms of any obligatory insurance or waive any right relating to any obligatory insurance, subject to insurance without the prior written consent of the Lender Security Trustee (such consent not to be unreasonably withheld or delayedwithheld).
Appears in 1 contract
Sources: Loan Agreement (Euroseas Ltd.)
Alteration to terms of insurances. Neither The Borrower shall neither make or agree to any alteration to the material terms of any obligatory insurance or nor waive any right relating to any obligatory insurance, subject to insurance without the prior written consent of the Lender (such Lender, which consent is not to be unreasonably withheld or delayed)withheld.
Appears in 1 contract
Sources: Loan Agreement (Box Ships Inc.)