Common use of AMENDMENTS TO THE SECURITY DOCUMENTS Clause in Contracts

AMENDMENTS TO THE SECURITY DOCUMENTS. The Security Documents shall (if required by the Lender) be amended (in such form as approved by the Lender) and/or new Security Documents shall be issued so as to ensure that the amendments as set out in this Addendum will apply to the Security Documents and so that the Security Interest created under the Security Documents shall extend to the obligations of the Borrower under the Amended Facility Agreement.

Appears in 1 contract

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

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AMENDMENTS TO THE SECURITY DOCUMENTS. The Security Documents shall (if required by the LenderAgent acting on behalf of the Finance Parties) be amended (in such form as approved by the LenderAgent (on behalf of the Finance Parties)) and/or new Security Documents shall be issued so as to ensure that the amendments as set out in this Addendum will apply to the Security Documents and so that the Security Interest created under the Security Documents shall extend to the obligations of the Borrower Borrowers under the Amended Facility Agreement.

Appears in 1 contract

Samples: Reducing Revolving Credit Facility Agreement (B Plus H Ocean Carriers LTD)

AMENDMENTS TO THE SECURITY DOCUMENTS. The Security Documents shall (if required by the Lender) be amended (in such form as approved by the LenderAgent (on behalf of the Lenders)) and/or new Security Documents shall be issued so as to ensure that the amendments as set out in this Addendum will apply to the Security Documents and so that the Security Interest created under the Security Documents shall extend to the obligations increased amount of the Borrower Total Commitments shall be secured under the Amended Facility Agreementsuch Security Documents.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)

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AMENDMENTS TO THE SECURITY DOCUMENTS. The Security Documents shall (if required by the LenderAgent acting on behalf of the Finance Parties) be amended (in such form as approved by the LenderAgent (on behalf of the Finance Parties)) and/or new Security Documents shall be issued so as to ensure that the amendments as set out in this Addendum will apply to the Security Documents and so that the Security Interest created under the Security Documents shall extend to the obligations of the Borrower under the Amended Facility Agreement.

Appears in 1 contract

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

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