Common use of Additional Debt Due Clause in Contracts

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 4 contracts

Samples: Credit Facility Agreement (Tidewater Inc), Restatement of Loan Agreement (Gulfmark Offshore Inc), Consent and Agreement (Omi Corp/M I)

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Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Financing Documents.

Appears in 4 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

Additional Debt Due. Any amount due from the Borrower any Credit Party under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Transaction Documents.

Appears in 3 contracts

Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Additional Debt Due. Any amount due from the Borrower under this Section 12 14 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 3 contracts

Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 13.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Agreement and/or any under or in respect of the Security DocumentsNotes.

Appears in 3 contracts

Samples: Credit Agreement (Era Group Inc.), Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 14 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 3 contracts

Samples: Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 14 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security other Transaction Documents.

Appears in 3 contracts

Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 13 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 3 contracts

Samples: Loan Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Agreement (Omi Corp/M I)

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Note, the Guaranty and/or any of the Security Documents.

Appears in 2 contracts

Samples: Credit Agreement (Chiles Magellan LLC), Credit Agreement (Chiles Offshore LLC)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Transaction Documents.

Appears in 2 contracts

Samples: Consent and Agreement (SEACOR Marine Holdings Inc.), Senior Secured Term Credit Facility Agreement (Top Ships Inc.)

Additional Debt Due. Any amount due from the Borrower under this Section 12 Clause 12.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 2 contracts

Samples: Teekay Shipping Corp, Teekay Shipping Corp

Additional Debt Due. Any amount due from the Borrower under this Section 12 13.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Agreement and/or any under or in respect of the Security DocumentsNote.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Credit Facility Agreement (Seacor Smit Inc)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Credit Facility Agreement, the Note and/or any of the Security Documents.

Appears in 2 contracts

Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.), Credit Facility Agreement (Top Tankers Inc.)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 13 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 2 contracts

Samples: Credit Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)

Additional Debt Due. Any amount due from the Borrower any Obligor under this Section 12 13 (Currency and Indemnity) shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Credit Facility Agreement, the Note and/or any of the Security Documents.

Appears in 1 contract

Samples: Credit Facility Agreement (Top Tankers Inc.)

Additional Debt Due. Any amount due from the Borrower Obligors under this Section 12 Clause 9.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Loan Agreements and/or any of the Security Documents.

Appears in 1 contract

Samples: Reimbursement Agreement (Teekay Shipping Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Agreement and/or any of the Security Documentsother Transaction Document.

Appears in 1 contract

Samples: Credit Facility Agreement (K-Sea Transportation Partners Lp)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)

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Additional Debt Due. Any amount due from the Borrower under this Section 12 13 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Note, and/or any of the Security Documents.

Appears in 1 contract

Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)

Additional Debt Due. Any amount due from the Borrower Obligors under this Section 12 Clause 9.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Loan Agreement and/or any of the Security Documents.

Appears in 1 contract

Samples: Deposit Agreement (Teekay Shipping Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Chiles Offshore Inc/New/)

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Loan Agreement, the Note and/or any of the Security Documents.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 Clause 12.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 1 contract

Samples: Teekay Shipping Corp

Additional Debt Due. Any amount due from the Borrower under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Notes and/or any of the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (Tidewater Inc)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note Notes and/or any of the Security Documents.

Appears in 1 contract

Samples: Pledge Agreement (Stolt Nielsen S A)

Additional Debt Due. Any amount due from the Borrower Borrowers under this Section 12 Clause 16.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Documents.

Appears in 1 contract

Samples: Credit Facility Agreement (Reading & Bates Corp)

Additional Debt Due. Any amount due from the Borrower under this Section 12 13.2 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or Notes or any of the Security Documents.

Appears in 1 contract

Samples: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland)

Additional Debt Due. Any amount due from a Borrower in respect of the Borrower Loan under this Section 12 13 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Transaction Documents.

Appears in 1 contract

Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.)

Additional Debt Due. Any amount due from a Borrower in respect of the Borrower Loan under this Section 12 13 shall be due as a separate debt and shall not be affected by judgment being obtained for any other sums due under or in respect of this Agreement, the Note and/or any of the Security Transaction Documents.. 13.4

Appears in 1 contract

Samples: Senior Secured Bridge Loan Agreement

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