Analogous proceedings. there occurs, in relation to any Security Party or other Restricted Company, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 to 10.1.13 (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 11 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 to 10.1.13 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 7 contracts
Samples: Supplemental Agreement (Diana Shipping Inc.), Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted Companymember of the Group, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 to 10.1.13 (inclusive) or any Security Party or other Restricted Company member of the Group otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 4 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Agreement (DryShips Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyParty, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentLender, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 Clauses 9.1(f) (Legal process) to 10.1.13 (l) (Compositions) (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 4 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Agreement (Imperial Petroleum Inc./Marshall Islands), Seanergy Maritime Holdings Corp.
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 3 contracts
Samples: Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (DryShips Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or any other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentBank, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or any other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 3 contracts
Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyGroup Member, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their respective assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 22.1.7 (Legal process) to 10.1.13 22.1.12 (Compositions) (inclusive) or any Security Party or other Restricted Company Group Member otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Facility Agreement (British Sky Broadcasting Group PLC), Facility Agreement (British Sky Broadcasting Group PLC)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted Company, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 8.1.7 to 10.1.13 8.1.13 (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyGroup Member, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentLender, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or other Restricted Company Group Member otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentBank, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 to 10.1.13 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Supplemental Agreement, Supplemental Agreement (Gala Properties Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or (other Restricted Companythan the Manager), in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or (other Restricted Company than the Manager) otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), www.lw.com
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyParty, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentLender, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 Clauses 9.1(f) (Legal process) to 10.1.13 (l) (Compositions) (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Loan Agreement (Performance Shipping Inc.), Performance Shipping Inc.
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyParty, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentAgent (acting on the instructions of the Lenders), appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 2 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP
Analogous proceedings. there occurs, in relation to any a Security Party or other Restricted CompanyParty, in any country or territory in which any of them it carries on business or to the jurisdiction of whose courts any part of their its assets is subject, any event which, in the reasonable opinion of the AgentLender, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 9.1.6 to 10.1.13 9.1.10 (inclusive) in respect of the Borrower or any Security Party or other Restricted Company the Borrower otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Analogous proceedings. there occurs, in relation to any Security Party or (other Restricted Companythan the Manager), in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentBank, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or (other Restricted Company than the Manager) otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Analogous proceedings. there occurs, in relation to any Security Party or (other Restricted Companythan any Manager), in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentLender, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 Clauses 12.1.6 to 10.1.13 12.1.11 (inclusive) or any Security Party or (other Restricted Company than any Manager) otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Facility Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 15.1.7 to 10.1.13 15.1.12 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Samples: Agreement (Paragon Shipping Inc.)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Facility Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 15.1.7 to 10.1.13 15.1.12 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidationliquidation unless, in the reasonable opinion of the Facility Agent, the above are not of a nature that will affect or prejudice the Security Party’s ability to perform their obligations under the Finance Documents; or
Appears in 1 contract
Samples: Credit Agreement (DryShips Inc.)
Analogous proceedings. there occurs, in relation to any Security Party an Obligor or other Restricted Companya Principal Subsidiary, in any country or territory in which any of them it carries on business or to the jurisdiction of whose courts any part of their its assets is subject, any event which, in the reasonable opinion of the AgentMajority Lenders, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 11.1.7 to 10.1.13 11.1.11 (inclusive) or any Security Party an Obligor or other Restricted Company a Principal Subsidiary otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Samples: Conformed Copy (Txu Corp /Tx/)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyParty, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Banks and/or Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 to 10.1.13 (inclusive) or any Security Party or any other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyParty, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentMajority Lenders, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 11.1(g) to 10.1.13 11.1(l) (inclusive) or any Security Party or other Restricted Company otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Samples: Gulfmark Offshore Inc
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyHoldCo, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.8 and 10.1.10 to 10.1.13 (inclusive) or any Security Party or other Restricted Company HoldCo otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyRelevant Party, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their assets is subject, any event which, in the reasonable opinion of the AgentBank, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 10.1.6 to 10.1.13 10.1.12 (inclusive) or any Security Party or other Restricted Company Relevant Party otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Analogous proceedings. there occurs, in relation to any Security Party or other Restricted CompanyGroup Member, in any country or territory in which any of them carries on business or to the jurisdiction of whose courts any part of their respective assets is subject, any event which, in the reasonable opinion of the Agent, appears in that country or territory to correspond with, or have an effect equivalent or similar to, any of those mentioned in clauses 10.1.7 Clauses 22.1(g) (Legal process) to 10.1.13 22.1(l) (Compositions) (inclusive) or any Security Party or other Restricted Company Group Member otherwise becomes subject, in any such country or territory, to the operation of any law relating to insolvency, bankruptcy or liquidation; or
Appears in 1 contract
Samples: Facility Agreement (British Sky Broadcasting Group PLC)