Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;
Appears in 5 contracts
Samples: Account Pledge Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp)
Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower Borrower, to borrow, service and repay the Facility Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
Appears in 2 contracts
Samples: Loan Agreement (Omi Corp/M I), Consent and Agreement (Omi Corp/M I)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower Borrowers to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;
Appears in 2 contracts
Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)
Authorization and Consents. All necessary corporate or limited liability company action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note Transaction Documents to which it is a party and the Security Documents and, in the case of the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, Loan and no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
Appears in 1 contract
Samples: Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities authorizations have been obtained and remain in full force and effect to permit, each of the Security Party Parties to enter into and perform its respective obligations under each of this Agreement, the Note Notes and the Security Documents and, in the case of and to permit the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, Advances and no further consents or authorities authorizations are necessary for the service and repayment of the Facility Advances or any part of any thereof;
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Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities authorizations have been obtained and remain in full force and effect to permit, permit each Security Party to enter into and perform its obligations under the Transaction Documents to which it is a party and to make all payments required under this Agreement, the Note and the Security Documents and, in the case of the Borrower to borrow, service and repay the Facility Agreement and, as of the date of this Agreement, no further consents or authorities authorizations are necessary for the service and repayment of the Facility or any part thereofobligations under this Agreement;
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Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, permit each Security Party to enter into and perform its obligations under this Agreement, the Note Note, and the Security Documents Documents, to which it is a party, and, in the case of the Borrower Borrower, to borrow, service and repay the Facility Facility, and, as of the date of this Agreement, no further consents or authorities authorities, governmental or otherwise, are necessary for the service and repayment of the Facility or any part thereof;
Appears in 1 contract
Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower Borrowers to borrow, service and repay the Facility Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
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Authorization and Consents. All all necessary corporate corporate, limited liability company or similar action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its respective obligations under this Agreement, the Note Agreement and the Security other Loan Documents and, in the case of the Borrower and to borrow, service and repay the Facility Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
Appears in 1 contract
Samples: Credit Agreement (Tidewater Inc)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower to borrow, service and repay the Facility Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
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Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreementthe Transaction Documents, the Note and the Security Documents to which it is a party, and, in the case of the Borrower Borrowers, to borrow, service and repay the Facility Advances and, as of the date of this Credit Facility Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;
Appears in 1 contract
Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)
Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Loan Agreement, the Note and the Security Documents Documents, to which it is a party, and, in the case of the Borrower Borrower, to borrow, service and repay the Facility Loan and, as of the date of this Loan Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Loan or any part thereof;
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Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Credit Facility Agreement, the Note and the Security Documents Documents, to which it is a party, and, in the case of each of the Borrower Borrowers, to borrow, service and repay the Facility Advances and, as of the date of this Credit Facility Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;
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Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower Borrower, to borrow, service and repay the Facility Loan and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Reimbursement Obligations or the Loan or any part thereof;
Appears in 1 contract
Samples: Agreement (Omi Corp/M I)
Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note Notes and the Security Documents and, in the case of the Borrower Borrowers, to own and mortgage the Terminals and to borrow, service and repay the Facility Credit Facilities and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;. All Governmental Action required in connection with the execution and delivery of, and performance by the Security Parties of their obligations under, this Agreement, the Notes and the Security Documents has been obtained, given or made.
Appears in 1 contract
Samples: Pledge Agreement (Stolt Nielsen S A)
Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Credit Facility Agreement, the Note and the Security Documents Documents, to which it is a party, and, in the case of the Borrower Borrowers, to borrow, service and repay the Facility Advances and, as of the date of this Credit Facility Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;
Appears in 1 contract
Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)
Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Credit Facility Agreement, the Note and the Security Documents Documents, to which it is a party, and, in the case of the Borrower Borrower, to borrow, service and repay the Facility Advances and, as of the date of this Credit Facility Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;
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Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of the Borrower Borrowers to borrow, service and repay the Facility and, as of the date of this AgreementEffective Date, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;
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Authorization and Consents. All all necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of each of the Borrower Borrowers, to borrow, service and repay the Facility Advances and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility Advances or any part thereof;
Appears in 1 contract
Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Documents and, in the case of each of the Borrower Borrowers to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;
Appears in 1 contract
Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Transaction Documents and, in the case of the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;
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Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities authorizations have been obtained and remain in full force and effect to permit, each of the Security Party Parties to enter into and perform its respective obligations under each of this Agreement, the Note Agreement and the Security Loan Documents and, in the case of and to permit the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, Advances and no further consents or authorities authorizations are necessary for the service and repayment of the Facility Advances or any part of any thereof;
Appears in 1 contract
Samples: Credit Agreement (Era Group Inc.)
Authorization and Consents. All necessary corporate action has been taken to authorize, and all necessary consents and authorities have been obtained and remain in full force and effect to permit, each Security Party to enter into and perform its obligations under this Agreement, the Note and the Security Transaction Documents and, in the case of the Borrower to borrow, service and repay the Facility and, as of the date of this Agreement, no further consents or authorities are necessary for the service and repayment of the Facility or any part thereof;; 20
Appears in 1 contract