Common use of Shipment of Property Clause in Contracts

Shipment of Property. With respect to the Property covered by the Credit; we agree to procure promptly all necessary import and export licenses or other licenses, to comply with all foreign and domestic governmental regulations, to furnish such certificates in that respect that Issuer may reasonably require, to keep the Property adequately covered by insurance satisfactory to Issuer, and to cause Issuer to be named as loss payee on all policies or certificates of insurance covering any such Property at any time and to provide documentation thereof to Issuer.