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This excerpt taken from the TK 20-F filed Apr 8, 2005. 22.11 InsuranceInsurance is not maintained in respect of any Collateral Vessel in accordance with the terms of the Collateral Vessel Provisions or (in the case of each Collateral Vessel being subject to a Bareboat Charter as at the date of this Agreement) the applicable agreements (if any) delivered to the Administrative Agent pursuant to paragraph 5 under Part IV of Schedule 3 (Initial Security Documents). |
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