Agreement of the Lender. The Lender, relying upon each of the representations and warranties set out in Clause 3 hereby agrees with the Borrower and the Collateral Owner, subject to and upon the terms and conditions of this Agreement and in particular, but without limitation, subject to the fulfilment of the conditions precedent set out in Clause 5 that the Principal Agreement be amended in the manner more particularly set out in Clause 6.
Agreement of the Lender. The Lender, relying upon the representations and warranties in Clause 4 and subject to Clause 3, agrees to amend the Loan Agreement in accordance with Clause 5.
Agreement of the Lender. The Lender, relying upon each of the representations and warranties set out in Clauses 2.1, 2.2 and 2.3 of this Supplemental Agreement, hereby agrees with the Borrowers and the Guarantors, subject to and upon the terms and conditions of this Supplemental Agreement and in particular, but without limitation, subject to the fulfilment of the conditions precedent set out in Clause 4, to:
(a) the Requests; and
(b) the amendments/variations to the Loan Agreement, the Euroseas Guarantee and the other Security Documents referred to in Clause 5.
Agreement of the Lender. The Lender relying upon each of the representations and warranties set out in Clause 6 and subject to the fulfilment of the conditions precedent set out in Clause 5 on or before 2 June 2010, hereby agrees to waive its rights under Clause 23 of the Financial Agreement throughout the New Waiver Period.
Agreement of the Lender. The Lender agrees, subject to and upon the terms and conditions of this Agreement, to:
(a) the Request; and
(b) the consequential amendments to the Facility Agreement and the other Finance Documents.
Agreement of the Lender. The Lender, relying upon each of the representations and warranties set out in Clause 2 (Representations and warranties) hereby agrees with the Security Parties, subject to and upon the terms and conditions of this Supplemental Agreement and in particular, but without limitation, subject to the fulfilment of the conditions precedent set out in Clause 4 (Conditions), that the Principal Agreement be amended in the manner more particularly set out in Clause 5 (Variations to the Principal Agreement).
Agreement of the Lender. The Lender agrees, subject to and upon the terms and conditions of this Agreement, to the amendments to the Facility Agreement and the Finance Documents as set out in Clause 5.
Agreement of the Lender. The consent of the Lender to amend the Loan Agreement in accordance with Clause 5 is conditional upon:
2.1.1 the Lender having received the documents and evidence specified in Clause 3.1 in form and substance satisfactory to the Lender;
2.1.2 the representations and warranties contained in Clause 4 being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
2.1.3 no Event of Default has occurred or will arise following the amendment of the Loan Agreement pursuant to this Agreement.
Agreement of the Lender. The Lender agrees, subject to and upon the terms and conditions of this Agreement, to make available Tranche E to the Borrowers under the Loan Agreement.
Agreement of the Lender. The Lender agrees and the Borrower hereby confirms and agrees that the Loan Agreement shall be amended with effect from the Effective Date as follows:
(a) by adding the following new definitions in clause 1.1 of the Loan Agreement: