Common use of Acceleration of Loan Clause in Contracts

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 37 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)

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Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 22 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 19 contracts

Samples: Loan Agreement (Euronav NV), Amending and Restating Agreement (GasLog Partners LP), Amending and Restating Agreement

Acceleration of Loan. On the service of a notice under paragraph (a)(iib) of Clause 19.218.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 15 contracts

Samples: Loan Agreement, Loan Agreement (Box Ships Inc.), Loan Agreement (Paragon Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 14 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (DryShips Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.220.2(a)(ii), all or, as the case may be, the Loanpart of the Loan specified in the notice, all together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 10 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 9 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 7 contracts

Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Knightsbridge Tankers LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 6 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers (or either of them) or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 6 contracts

Samples: Amending and Restating Agreement (DryShips Inc.), Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) Clause 19.2(a)(ii), all or, as the case may be, part of Clause 19.2, the Loan, all specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 5 contracts

Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

Acceleration of Loan. On the service of a notice under paragraph Clause 19.2(a)(ii) (a)(ii) Actions following an Event of Clause 19.2Default), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 4 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Castor Maritime Inc.), Loan Agreement (Toro Corp.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.22(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party Obligor under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, all or, as the Loancase may be, all the part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Diana Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (Arlington Tankers Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.217.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Fourth Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Star Bulk Carriers Corp.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.220.2(a)(ii), all or, as the case may be, the Loanpart of the Loan specified in the notice, all together with accrued interest and all other amounts accrued or owing from the Borrower or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Eagle Bulk Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(iiClause 20.2(a)(ii) or, upon an Event of Default under Clause 19.220.1(h), all or, as the case may be, the Loanpart of the Loan specified in the notice (if any), all together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Acceleration of Loan. On the service of a notice under sub-paragraph (a)(iiii) of paragraph (a) of Clause 19.219.2 (Actions following an Event of Default), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(i), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(iiClause 19.2(a)(ii) all or, as the case may be, the relevant part of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(i), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)

Acceleration of Loan. On the service of a notice under paragraph Clause 20.2(a)(ii) or, upon an Event of Default under either of Clauses 20.1(h) or (a)(ii) of Clause 19.2i), all or, as the case may be, the Loanpart of the Loan specified in the notice (if any), all together with accrued interest and all other amounts accrued or owing from the Borrower or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.21(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party Obligor under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loan19.2(a)(ii), all or, as the case may be, part of the Loan specified in the notice together with, accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Acceleration of Loan. On the service of a notice under paragraph Clause 20.2(a)(iii) or upon an Event of Default under either of Clauses 20.1(h) or (a)(ii) of Clause 19.2i), all or, as the case may be, the Loanpart of the Loan specified in the notice (if any), all together with accrued interest and all other amounts accrued or owing from the Borrower or any other Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(iiClause 17.2(b) of Clause 19.2all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2Section 20.2(b)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party Obligor under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Pacific Drilling S.A.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the either Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.217.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(iib) of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demandpayable.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.220.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the LoanLoan (or any part thereof), all accrued interest and all or any other amounts accrued or owing from the Borrower Borrowers (or any of them) or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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Acceleration of Loan. On the service of a notice under paragraph (a)(iib) of Clause 19.215.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document the Security Documents shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2 (Actions following an Event of Default), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party Relevant Person under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Acceleration of Loan. On the service of a notice under paragraph Clause 19.2(a)(ii) (a)(ii) Actions following an Event of Clause 19.2Default), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the any Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the a Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

Acceleration of Loan. On the service of a notice under paragraph Clause 13.2 (a)(ii) of Clause 19.2b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(iib) of Clause 19.217.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document the Security Documents shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Amendment Agreement (Aegean Marine Petroleum Network Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.215.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Alma Maritime LTD)

Acceleration of Loan. On the service of a notice under paragraph (a)(iib) of Clause 19.218.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any a Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(b), or as the case may be, the Loan, part of the Loan specified in the notice together with all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

Acceleration of Loan. On the service of a notice under sub-paragraph (a)(iiii) of paragraph (a) of Clause 19.219.2 (Actions following an Event of Default), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2 (Actions following an Event of Default), all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2clause 10.2.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Security Document (including without limitation all interest and commitment commission) shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.224.2(a)(ii), the Loan, all accrued interest Loan and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Facility Agreement (NewLead Holdings Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(b), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.218.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, all accrued interest Loan and all other amounts accrued or owing from the Borrower Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Facility Agreement (NewLead Holdings Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loaneither Advance (or part thereof) referred to therein, all accrued interest and all other amounts accrued or owing from any Borrower which is a member of the Borrower Group to which the Event of Default relates or any other Security Party under this Agreement and every other Finance Document securing any of those Advances shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the Loan, Loan and all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Acceleration of Loan. On the service of a notice under paragraph (a)(iiClause 18.2(b) of Clause 19.2all or, as the case may be, the Loan, all part of the Loan specified in the notice together with accrued interest and all other amounts accrued or owing from the any Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Acceleration of Loan. On the service of a notice under paragraph (a)(ii) of Clause 19.219.2(a)(ii), the LoanLoan (or any part thereof), all accrued interest and all or any other amounts accrued or owing from the Borrower Borrowers (or either of them) or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

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