Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the Agent, such consent not to be unreasonably withheld; or
Appears in 26 contracts
Samples: Agreement, Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Holdings Inc.)
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentBank, such consent not to be unreasonably withheld; or
Appears in 9 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP)
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentLender, such consent not to be unreasonably withheld; or
Appears in 5 contracts
Samples: www.lw.com, Agreement (Box Ships Inc.), Agreement (StealthGas Inc.)
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the Agent, such consent not to be unreasonably withheld; or
Appears in 3 contracts
Samples: Facility Agreement (Pyxis Tankers Inc.), EuroDry Ltd., Euroseas Ltd.
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentAgent (acting on the instructions of the Lenders), such consent not to be unreasonably withheld; or
Appears in 2 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP
Cessation of Business. any Security Party or other Group Member suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentLender, such consent not to be unreasonably withheld; or
Appears in 2 contracts
Samples: Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentBank, such consent not to be unreasonably withheldwithheld (it being agreed that a sale of a Vessel by the Borrower who is the owners thereof shall not constitute an Event of Default provided that the Borrowers comply with Clause 4.4); or
Appears in 1 contract
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the Agent, such consent not to be unreasonably withheldwithheld (it being agreed that a sale of a Vessel by the Borrower who is the owners thereof shall not constitute an Event of Default provided that the Borrowers comply with Clause 4.4); or
Appears in 1 contract
Cessation of Business. any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the Agent, such consent not to be unreasonably withheldwithheld (it being agreed that a sale of a Vessel by the Borrower who is the owners thereof shall not constitute an Event of Default provided that the Borrowers comply with clause 4.4); or
Appears in 1 contract
Samples: Navios Maritime Partners L.P.
Cessation of Business. any Security Party (other than the Manager) suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the AgentBank, such consent not to be unreasonably withheld; or
Appears in 1 contract
