Common use of Agreement of the Bank Clause in Contracts

Agreement of the Bank. The Bank, relying upon the representations and warranties on the part of the Borrower contained in clause 4, agrees with the Borrower that, subject to the terms and conditions of this Agreement and with effect on the Effective Date, the Bank consents and agrees to:

Appears in 2 contracts

Samples: Supplemental Agreement (Safe Bulkers, Inc.), Supplemental Agreement (Safe Bulkers, Inc.)

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Agreement of the Bank. The Bank, relying upon the representations and warranties on the part of the Borrower contained in clause 45, agrees with the Borrower that, subject to the terms and conditions of this Agreement and with effect on the Effective Date, the Bank consents and agrees to:to the amendment of (a) the Principal Agreement on the terms set out in clause 3 and (b) the Principal Master Agreement on the terms set out in clause 4.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Safe Bulkers, Inc.), Second Supplemental Agreement (Safe Bulkers, Inc.)

Agreement of the Bank. The Bank, relying upon the representations and warranties on the part of the Borrower contained in clause 4, agrees with the Borrower that, subject to the terms and conditions of this Agreement and with effect on the Effective Date, the Bank consents and agrees to: 2.1 the matters and transactions described in paragraphs (a), (b) (c) and (d) of the Recitals to this Agreement; and 2.2 the amendment of the Principal Agreement on the terms set out in clause 3.

Appears in 1 contract

Samples: Supplemental Agreement (Safe Bulkers, Inc.)

Agreement of the Bank. The Bank, relying upon the representations and warranties on the part of the Borrower contained in clause 4, agrees with the Borrower that, subject to the terms and conditions of this Agreement and with effect on the Effective Date, the Bank consents and agrees to: 2.1 the matters and transactions described in paragraphs (a), (b), (c) and (d) of the Recitals to this Agreement; and 2.2 the amendment of the Principal Agreement on the terms set out in clause 3.

Appears in 1 contract

Samples: Supplemental Agreement (Safe Bulkers, Inc.)

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Agreement of the Bank. The Bank, relying upon the representations and warranties on the part of the Borrower Relevant Parties contained in clause 4, agrees with the Borrower that, subject to the terms and conditions of this Agreement and with effect in particular, but without prejudice to the generality of the foregoing, fulfilment on or before 6 July 2012 of the Effective Dateconditions contained in clause 5 and schedule 1, the Bank consents and agrees to:

Appears in 1 contract

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

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