Common use of Borrower’s obligations unaffected Clause in Contracts

Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.5) do not affect: (a) the liability of the Borrowers to make payments of principal and interest on the due dates; or (b) any other liability or obligation of the Borrowers or any Security Party under any Finance Document.

Appears in 3 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.517.4) do not affect: (a) the liability of the Borrowers to make payments of principal and interest on the due dates; or (b) any other liability or obligation of the Borrowers or any Security Party under any Finance Document.

Appears in 1 contract

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

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Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.5) do not affect: (a) the liability of the Borrowers to make payments of principal and interest on the due dates; or (b) any either other liability or obligation of the Borrowers or any Security Party under any Finance Document.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

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