Common use of Benefit and Burden Clause in Contracts

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors and the Borrowers and their respective successors in title.

Appears in 24 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

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Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Banks and the Borrowers and their respective successors in title.

Appears in 13 contracts

Samples: Navios Maritime Partners L.P., Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Holdings Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure ensure for the benefit of, the Creditors Lender and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 10 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp), Secured Loan Agreement (Navios Maritime Holdings Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Bank and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 9 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Banks and the Borrowers Borrower and their respective successors in title.

Appears in 8 contracts

Samples: EuroDry Ltd., Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors and the Borrowers Borrower and their respective successors in title.

Appears in 6 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Bank and the Borrowers Borrower and their respective successors in title.

Appears in 6 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Freeseas Inc.), Loan Agreement (Globus Maritime LTD)

Benefit and Burden. This Agreement shall be binding upon, and enure ensure for the benefit of, the Creditors Bank and the Borrowers and their respective successors in titlesuccessors.

Appears in 6 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Acquisition CORP)

Benefit and Burden. This Agreement shall be binding upon, and shall enure for the benefit of, the Creditors Bank and the Borrowers Borrower and their respective successors in title.

Appears in 5 contracts

Samples: Agreement (NewLead Holdings Ltd.), Master Agreement (Capital Maritime & Trading Corp.), Master Agreement (Capital Maritime & Trading Corp.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Lender and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 4 contracts

Samples: www.lw.com, Agreement (StealthGas Inc.), Navios Maritime Midstream Partners LP

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Bank and the Borrowers and their respective successors in title.

Appears in 4 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure ensure for the benefit of, the Creditors Bank and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 4 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, each of the Creditors and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 4 contracts

Samples: Facilities Agreement, Confidential (Golar LNG Partners LP), Management Agreement (Golar LNG LTD)

Benefit and Burden. This Agreement shall be binding upon, and shall enure for the benefit of, the Creditors Bank and the Borrowers and their respective successors in title.

Appears in 3 contracts

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.), Junior Loan Agreement (FreeSeas Inc.)

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Benefit and Burden. This Agreement shall be binding upon, and shall enure for the benefit of, the Creditors and the Borrowers and their respective successors in title.

Appears in 3 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (FreeSeas Inc.), Seanergy Maritime Holdings Corp.

Benefit and Burden. This Agreement shall be binding upon, and enure ensure for the benefit of, the Creditors Lender and the Borrowers Borrower and their respective successors in title.

Appears in 3 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Agreement (EuroDry Ltd.), Agreement (Euroseas Ltd.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Bank and the Borrowers and their respective successors in titlesuccessors.

Appears in 2 contracts

Samples: Agreement (Top Tankers Inc.), Supplemental Agreement (Gala Properties Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure ensure for the benefit of, the Creditors Lender and the Borrowers and their respective successors in title.

Appears in 2 contracts

Samples: Facility Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Banks and the Borrowers Borrower and their respective its successors in title.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Banks and the Borrowers Borrower and their respective successors in titlesuccessors.

Appears in 2 contracts

Samples: Agreement (Box Ships Inc.), Agreement (StealthGas Inc.)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Creditor Parties and the Borrowers and their respective successors in title.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, each of the Creditors Creditors, the Borrower and the Borrowers Guarantor and their respective successors in titlesuccessors.

Appears in 1 contract

Samples: Agreement (Gulfmark Offshore Inc)

Benefit and Burden. This Agreement shall be binding upon, and enure for the benefit of, the Creditors Lender and the Borrowers and their respective successors in title.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

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