Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.
Appears in 17 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Box Ships Inc.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.
Appears in 7 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Scorpio Bulkers Inc.), Agreement (Diana Shipping Inc.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 16.3 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any other Security Party.
Appears in 4 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Appropriation rights overridden. This Clause 16 17 and any notice which the Lender gives under Clause 16.2 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.
Appears in 3 contracts
Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Agreement (Arlington Tankers Ltd.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.
Appears in 3 contracts
Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)
Appropriation rights overridden. This Clause 16 15 and any notice which the Lender Bank gives under Clause 16.2 15.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.
Appears in 3 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Agreement (Euroseas Ltd.)
Appropriation rights overridden. This Clause 16 17 and any notice which the Lender gives under Clause 16.2 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.
Appears in 3 contracts
Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Tsakos Energy Navigation LTD)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any other Security Party.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.)
Appropriation rights overridden. This Clause 16 12 and any notice which the Lender gives under Clause 16.2 16 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Partyeither Owner.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 17.2 shall override any right of appropriation possessed, and any purported appropriation made, by the any Borrower or any Security Party.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any purported appropriation made, by the any Borrower or any Security Party.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Appropriation rights overridden. This Clause 16 15 and any notice which the Lender gives under Clause 16.2 15.3 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 16 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.
Appears in 1 contract
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 16.1(a) shall override any right of appropriation possessed, and any appropriation made, by the either Borrower or any Security Party.
Appears in 1 contract
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower any Borrowers or any Security Party.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 16.1 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.
Appears in 1 contract
Samples: Agreement (TBS International LTD)
Appropriation rights overridden. This Clause 16 17 and any notice which the Lender gives under Clause 16.2 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any Security Party.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Appropriation rights overridden. This Clause 16 and any notice which the Lender gives under Clause 16.2 16.1(a) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.
Appears in 1 contract
