Borrower’s obligations unaffected. The provisions of this Clause 18 do not affect: (a) the liability of the Borrower to make payments of principal and interest on the due dates; or (b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 24 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Facility Agreement (Navios Maritime Partners L.P.)
Borrower’s obligations unaffected. The provisions of this Clause 18 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 16 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Supplemental Agreement (Navios Maritime Containers Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.4) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 15 contracts
Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.4) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 12 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Borrower’s obligations unaffected. The provisions of this Clause 18 17 (as distinct from a distribution effected under Clause 17.4) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 11 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any other Security Party under any Finance Document.
Appears in 10 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 17 do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 5 contracts
Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 (as distinct from a distribution effected under Clause 19.5) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.
Appears in 5 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.
Appears in 5 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.5) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party or K&T Marine under any Finance Document.
Appears in 4 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 17 (as distinct from a distribution effected under Clause 17.4) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.
Appears in 4 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 17 (as distinct from a distribution effected under Clause 17.2) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 4 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.2) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 3 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (Application of Earnings) (as distinct from a distribution effected under Clause 18.4 (Application of retentions)) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Borrower’s obligations unaffected. The provisions of this Clause 18 16 (as distinct from a distribution effected under Clause 16.2) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 2 contracts
Samples: Fourth Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (Application of Earnings) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Borrower’s obligations unaffected. The provisions of this Clause 18 do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.4) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the either Borrower or any Security Party under any Finance Document.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due datesdates required by this Agreement or any other Finance Document; or
(b) any other liability or obligation of the Borrower Borrowers or any other Security Party under any Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 do not affect:
(a) a. the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) b. any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.4) do not affect:: 72 EUROPE/71630549v6
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party or any Approved Manager under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.4 or Clause 18.5) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (Seacastle Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.5) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 23 (as distinct from a distribution effected under Clause 23.4) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (Application of Earnings) as distinct from a distribution effected under Clause 18.4 (Application of retentions)) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.2) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause 18.5) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Amending and Restating Agreement (Poseidon Containers Holdings Corp.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause Error! Reference source not found.) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 17 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (as distinct from a distribution effected under Clause Error! Reference source not found.18.7 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 17 (as distinct from a distribution effected under Clause 17.4) do not affect:
(a) the liability of the either Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the either Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 (as distinct from a distribution effected under Clause 19.4) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 (Application of Earnings) (as distinct from a distribution effected under Clause 18.4 (Application of retentions)) do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 16.4 (as distinct from a distribution effected under Clause 17.4) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 19 do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.. 99 SK 26945 0003 10902825 v6
Appears in 1 contract
Samples: Loan Agreement (Dorian LPG Ltd.)
Borrower’s obligations unaffected. The provisions of this Clause 18 (Application of Earnings) do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Borrower’s obligations unaffected. The provisions of this Clause 18 do not affect:
(a) the liability of the Borrower Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the any Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)
Borrower’s obligations unaffected. The provisions of this Clause 18 17 do not affect:
(a) the liability of the Borrower to make payments of principal and interest on the due dates; or
(b) the liability of the Borrower to make payments to the Lender as swap bank under the Master Agreement; or
(c) any other liability or obligation of the Borrower or any Security Party under any Finance Document.
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
