Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior notice:
Appears in 13 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior noticemay, with notice to the Borrowers:
Appears in 8 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Application of credit balances. Upon Each Creditor Party may following the occurrence and during the continuance of an Event of Default, each Creditor Party may Default and without prior notice:
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Each Creditor Party may without prior noticenotice but following the occurrence of an Event of Default which is continuing:
Appears in 7 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Tsakos Energy Navigation LTD)
Application of credit balances. Upon Each Creditor Party may, following the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior notice:
Appears in 6 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Containers Inc.)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Each Creditor Party may without prior noticenotice at any time after the occurrence of an Event of Default which is continuing:
Appears in 5 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Each Creditor Party may without prior noticenotice following the occurrence of an Event of Default which is continuing:
Appears in 4 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Guarantee (TBS International PLC)
Application of credit balances. Upon Each Creditor Party may without prior notice following the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior notice:
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
Application of credit balances. Upon Each Creditor Party may, upon the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior notice:
Appears in 3 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Application of credit balances. Upon Each Creditor Party may, after the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior notice:
Appears in 2 contracts
Samples: Agreement (Euronav NV), Loan Agreement (Euronav NV)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior noticemay, with notice to the Borrower:
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Application of credit balances. Upon Each Creditor Party may, at any time after the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior notice:
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)
Application of credit balances. Upon the occurrence and during the continuance of Each Creditor Party may with prior notice (other than at any time following an Event of DefaultDefault which is continuing, each Creditor Party may without in which case no prior notice:notice shall be required):
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Application of credit balances. Upon Each Creditor Party may, at any time following the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior noticebut subject to giving notice to the Borrower at the time it does so:
Appears in 2 contracts
Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Application of credit balances. Upon the occurrence and during the continuance of Each Creditor Party may at any time whilst an Event of Default, each Creditor Party may Default is continuing without prior notice:
Appears in 2 contracts
Samples: Loan Agreement (Britannia Bulk PLC), Loan Agreement (Britannia Bulk Holdings Inc)
Application of credit balances. Upon At any time after the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior notice:
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)
Application of credit balances. Upon the occurrence and during the continuance of Each Creditor Party may following an Event of Default, each Creditor Party may Default and whilst the same is continuing unremedied or unwaived without prior notice:
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Application of credit balances. Upon Following the occurrence of and during the continuance continuation of an Event of Default, each Creditor Party may without prior notice:
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Application of credit balances. Upon the occurrence and during the continuance of Each Creditor Party may, following an Event of Default, each Creditor Party may Default and without prior notice:
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, and subject to the Intercreditor Agreement, each Creditor Party may without prior notice:
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Application of credit balances. Upon Following the occurrence and during the continuance of an Event of DefaultDefault which is continuing, each Creditor Party may without prior noticenotice to the Borrower but with prior notice to the Agent:
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Application of credit balances. Upon Following the occurrence and during the continuance of an Event of DefaultDefault which is continuing , each Creditor Party may without prior notice:
Appears in 1 contract
Samples: EuroDry Ltd.
Application of credit balances. Upon the occurrence and during the continuance of an Event of Default, each Creditor Party may without prior notice:: 104
Appears in 1 contract
Application of credit balances. Upon the occurrence and during the continuance of Each Creditor Party may at any time whilst an Event of Default, each Creditor Party may Default is continuing and without prior notice:
Appears in 1 contract
Samples: Britannia Bulk Holdings Inc
Application of credit balances. Upon Following the occurrence of and during the continuance of an Event of Default, each Creditor Party may without prior notice:
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)