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 3 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)
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 Holdings Inc), Loan Agreement (Britannia Bulk PLC)
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: Amending and Restating 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, following an Event of Default, each Creditor Party may Default and without prior notice:
Appears in 1 contract
Samples: Guarantee (DryShips 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 following the occurrence of an Event of Default which is continuing:
Appears in 1 contract
Samples: Amending and Restating Agreement (TBS International PLC)
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 1 contract
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 1 contract
Samples: Loan Agreement
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 1 contract
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 1 contract
