Common use of Copies of policies; letters of undertaking Clause in Contracts

Copies of policies; letters of undertaking. Each Borrower shall ensure that the Approved Brokers provide the Lender with: (a) pro forma (b) a letter or letters of undertaking in a form required by the Lender and including undertakings by the Approved Brokers that: (i) they will have endorsed on each policy, immediately upon issue, a loss payable clause and a notice of assignment complying with the provisions of Clause

Copies of policies; letters of undertaking. Each The Borrower shall use its best endeavours to ensure that the Approved Brokers all approved brokers provide the Lender with: (a) with pro forma (b) forma copies of all policies relating to the obligatory insurances which they are to effect or renew and of a letter or letters of or undertaking substantially in a the form required by the Lender and including undertakings by the Approved Brokers approved brokers that: (i) they will have endorsed on each policy, immediately upon issue, a loss payable clause and a notice of assignment complying with the provisions of Clause