Common use of Agent’s actions Clause in Contracts

Agent’s actions. Any action taken by the Agent under or in relation to any of the Security Documents whether with requisite authority or on the basis of appropriate instructions received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 20 contracts

Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)

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Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks and/or the Swap Providers (or as otherwise duly authorised) shall be binding on all the BanksBanks and the Swap Providers.

Appears in 8 contracts

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks, the Swap Provider and the other Creditors.

Appears in 6 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Agent’s actions. Any action taken by the Agent under or in relation to any of the Security Documents whether this Agreement with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 5 contracts

Samples: Supplemental Agreement (Modern Times Group MTG Ab /Publ/ /Adr/), Revolving Credit Facility Agreement (Modern Times Group MTG Ab /Publ/ /Adr/), Loan Agreement (United International Holdings Inc)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks, the Swap Provider and the other Creditors.

Appears in 4 contracts

Samples: Supplemental Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 3 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the BanksBanks and the other Creditors.

Appears in 3 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (DryShips Inc.)

Agent’s actions. Any action taken by the either Agent under or in relation to any of this Agreement or, as the Security case may be, the Facility Documents whether with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the BanksLenders.

Appears in 3 contracts

Samples: Project Loan Agreement, Project Loan Agreement (QGOG Constellation S.A.), Project Loan Agreement (QGOG Constellation S.A.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks and/or the Swap Provider (or as otherwise duly authorised) shall be binding on all the BanksBanks and the Swap Provider.

Appears in 2 contracts

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

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks and/or the Issuing Bank (or as otherwise duly authorised) shall be binding on all the BanksBanks and the Issuing Bank.

Appears in 2 contracts

Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement and any of the relevant Security Documents whether Document with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks or all the Banks, as the case may be (or as otherwise duly authorised) ), shall be binding on all the Banks.

Appears in 2 contracts

Samples: Loan Agreement (Cordiant Communications Group PLC /Adr), Loan Agreement (Cordiant Communications Group PLC /Adr)

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Agent’s actions. Any action taken by the Agent under in connection howsoever with this Agreement or in relation to any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

Agent’s actions. Any action taken by the either Agent under or in relation to any of this Agreement or, as the Security case may be, the Facility Documents whether with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 2 contracts

Samples: Bank Loan Agreement, Bank Loan Agreement (QGOG Constellation S.A.)

Agent’s actions. Any action taken by the Agent under or in relation to any of the Security Documents whether with requisite authority or on the basis of appropriate instructions received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the Lenders and the Swap Banks.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Agent’s actions. Any action taken by the Agent under or in relation to any of this Agreement and/or the Security other Bank Finance Documents whether to which it is a party with requisite authority authority, or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks or all the Banks, as the case may be (or as otherwise duly authorised) ), shall be binding on all the Banks.

Appears in 1 contract

Samples: Restructuring Deed (Cordiant Communications Group PLC /Adr)

Agent’s actions. Any action taken by the Agent under or in relation to any of the Security Documents whether with requisite authority or on the basis of appropriate instructions received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the BanksCreditor Parties.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Acquisition CORP)

Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents whether with requisite authority or on the basis of appropriate instructions instructions, received from the Majority Lenders Banks and/or the Swap Provider (or as otherwise duly authorised) shall be binding on all the Banks.

Appears in 1 contract

Samples: Senior Loan Agreement (FreeSeas Inc.)

Agent’s actions. Any action taken by the Agent under or in relation to any of the Security Documents whether with requisite authority or on the basis of appropriate instructions received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the BanksCreditor Parties.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Acquisition CORP)

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