Authorisation of Agent to sign Transfer Certificates. Each Borrower, the Security Trustee and each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 6 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and Trustee, each Lender and the Swap Bank irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree agrees to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 6 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Authorisation of Agent to sign Transfer Certificates. Each The Borrower, the Security Trustee and each Lender irrevocably authorises authorise the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree agrees to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers Borrower and/or any Security Party shall be required to effect any such transfer, the Borrowers Borrower and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers Borrower or such Security Party.
Appears in 5 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Authorisation of Agent to sign Transfer Certificates. Each The Borrower, the Security Trustee and each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers Borrower and/or any Security Party shall be required to effect any such transfer, the Borrowers Borrower and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers Borrower or such Security Party.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
Authorisation of Agent to sign Transfer Certificates. Each The Borrower, the Security Trustee and each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 (Transfers and Changes in Lending Offices) and to the extent the cooperation of the Borrowers Borrower and/or any Security Party shall be required to effect any such transfer, the Borrowers Borrower and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers Borrower or such Security Party.
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and Trustee, each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 2 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Castor Maritime Inc.)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and each Lender irrevocably authorises authorise the Agent to sign Transfer Certificates on its behalf. The Borrower Borrowers and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and Trustee, each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree agrees to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Partycooperation.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower Borrowers and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Authorisation of Agent to sign Transfer Certificates. Each The Borrower, the Security Trustee and each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree agrees to the transfer procedures set out in this Clause 26 24 and to the extent the cooperation of the Borrowers Borrower and/or any Security Party shall be required to effect any such transfer, the Borrowers Borrower and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers Borrower or such Security Party.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Authorisation of Agent to sign Transfer Certificates. Each BorrowerThe Borrowers, the Security Trustee and Trustee, each Lender irrevocably authorises the Agent to sign Transfer Certificates on its behalf. The Borrower and each Security Party irrevocably agree to the transfer procedures set out in this Clause 26 (Transfers and Changes in Lending Offices) and to the extent the cooperation of the Borrowers and/or any Security Party shall be required to effect any such transfer, the Borrowers and such Security Party shall take all necessary steps to afford such cooperation Provided that this shall not result in any additional costs to the Borrowers or such Security Party.
Appears in 1 contract
