Analogous proceedings. there occurs, in relation to any Relevant 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 Bank, 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 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 11 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Freeseas Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Analogous proceedings. there occurs, in relation to any Relevant a Security Party, 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 BankLender, 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 10.1.10 (inclusive) in respect of the Borrower or any Relevant Party 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 5 contracts
Samples: Secured Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Analogous proceedings. there occurs, in relation to any Relevant Party, 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 BankLessor, 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 26.1.8 to 10.1.13 26.1.12 (inclusive) or any 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 5 contracts
Samples: Dated April (Golar LNG LTD), April 2003 (Golar LNG LTD), Dated April 2003 (Golar LNG LTD)
Analogous proceedings. there occurs, in relation to any Relevant 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 Bank, 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 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 4 contracts
Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
Analogous proceedings. there occurs, in relation to any Relevant 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 BankAgent, 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 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: Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)