Common use of Valuations binding Clause in Contracts

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower as shall be any valuation which the Lender makes of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 15.4 (Valuation of ShipsShip) or 15.4 15.5 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrowers, as shall be any valuation which the Lender makes Majority Lenders make of any additional a security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security14.1(i), 15.3 (Valuation of Ships) 14.4 or 15.4 (Value of additional vessel security) 14.5 shall be binding and conclusive as regards the Borrower and the Ship, as shall be any valuation which the Lender makes of any additional a security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrower, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 (Valuation of ShipsShip) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrower, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel securitya Ship) shall be binding and conclusive as regards the Borrower Borrowers, as shall be any valuation which the Lender Agent makes of any additional a security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of ShipsShip) or 15.4 (Value of additional vessel security) shall (absent manifest error) be binding and conclusive as regards the Borrower Borrower, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 (Valuation of ShipsShip) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrowers, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrowers, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause Clauses 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 (Valuation of the Ships) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrowers, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrowers and the Lenders, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security InterestInterest over a vessel.

Valuations binding. Any valuation Valuation under Clause Clauses 15.2 (Prepayment; provision Provision of additional security; prepayment), 15.3 (Valuation of ShipsShip) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrower, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.

Valuations binding. Any valuation under Clause 15.2 (Prepayment; provision of additional security), 15.3 (Valuation of ShipsShips ) or 15.4 (Value of additional vessel security) shall be binding and conclusive as regards the Borrower Borrower, as shall be any valuation which the Lender makes Majority Lenders make of any additional security which does not consist of or include a Security Interest.