Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 4 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any the other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s 's notice.
Appears in 2 contracts
Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (StealthGas Inc.)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.429.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s 's notice.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any the other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 2 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.428.5, in relation to any the other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s 's notice.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrowerthe Borrowers, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.416.4 (Subordination), in relation to any the other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 1 contract
Samples: Loan Agreement (Imperial Petroleum Inc./Marshall Islands)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 1 contract
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.4, in relation to any the other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 1 contract
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.429.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the Lender’s notice.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Borrower’s required action. If during the Security Period, the Lender, by notice to a Borrower, requires it to take any action referred to in paragraphs ((a)) to ((d)) of Clause 28.425.4, in relation to any other Borrower, that Borrower shall take that action as soon as practicable after receiving the LenderAgent’s notice.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
