Common use of Bank’s Remedies Clause in Contracts

Bank’s Remedies. Upon the occurrence of an Event of Default and at any time thereafter whilst an Event of Default is continuing, without prejudice to any of the rights and remedies of the Agent and/or the Security Trustee and/or any Bank under any of the other Finance Documents or otherwise, the Agent may, and shall if so requested by the Majority Banks, take any one or more of the following actions:

Appears in 2 contracts

Samples: Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)

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Bank’s Remedies. Upon the occurrence of an Event of Default and at any time thereafter whilst an Event of Default is continuing, without prejudice to any of the rights and remedies of the Agent and/or the Security Trustee and/or any Bank other Banks under any of the other Finance Documents or otherwise, the Agent may, and shall if so requested by the Majority Banks, take any one or more of the following actions:

Appears in 2 contracts

Samples: Loan Agreement (KNOT Offshore Partners LP), Loan Agreement (KNOT Offshore Partners LP)

Bank’s Remedies. Upon the occurrence of an Event of Default and at any time thereafter whilst an Event of Default it is continuing, without prejudice to any of the rights and remedies of the Agent and/or the Security Trustee and/or any Bank Creditor Party under any of the other Finance Documents or otherwise, the Agent may, and shall if so requested by the Majority Banks, take any one or more of the following actions:

Appears in 2 contracts

Samples: Agreement (ALTERRA CAPITAL HOLDINGS LTD), Facility Agreement (Max Capital Group Ltd.)

Bank’s Remedies. Upon the occurrence of an Event of Default and at any time thereafter whilst an Event of Default it is still continuing, without prejudice to any of the rights and remedies of the Agent and/or the Security Trustee and/or any Bank other Banks under any of the other Finance Documents or otherwise, the Agent may, and shall if so requested by the Majority Banks, take any one or more of the following actions:

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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Bank’s Remedies. Upon the occurrence of an Event of Default which is continuing and at any time thereafter whilst an Event of Default is continuing, without prejudice to any of the rights and remedies of the Agent and/or the Security Trustee and/or any Bank other Banks under any of the other Finance Documents or otherwise, the Agent may, and shall if so requested by the Majority Banks, take any one or more of the following actions:

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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