Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 6 contracts
Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 5 contracts
Samples: Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 4 contracts
Samples: Secured Credit Facility Agreement (Teekay Shipping Corp), Agreement (Teekay Shipping Corp), Consent and Agreement (Teekay Shipping Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date Conversion Date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency Judgment Currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents any Financing Document in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 4 contracts
Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 3 contracts
Samples: Restatement of Loan Agreement (Gulfmark Offshore Inc), Loan Agreement (Omi Corp/M I), Consent and Agreement (Omi Corp/M I)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, Agreement and/or under the Note and/or the other Transaction Documents Notes in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Era Group Inc.), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders any Lender shall be remitted to the BorrowerBorrowers.
Appears in 2 contracts
Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Senior Secured Bridge Loan Agreement (Dorian LPG Ltd.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in DollarsYen; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders any Lender shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Credit Facility Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 2 contracts
Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.), Credit Facility Agreement (Top Tankers Inc.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Obligors shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, Agreement and/or any of the Note and/or the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders Banks shall be remitted to the BorrowerObligors.
Appears in 2 contracts
Samples: Deposit Agreement (Teekay Shipping Corp), Reimbursement Agreement (Teekay Shipping Corp)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, Agreement and/or under the Note and/or in Dollars or the other Transaction Documents in Dollarsrelevant Foreign Currency; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Credit Facility Agreement (Seacor Smit Inc)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents Agreement in Dollars; any excess over the amount due received or collected by the Lenders Lender shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Teekay Shipping Corp, Teekay Shipping Corp
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note Note, the Guaranty and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Chiles Magellan LLC), Credit Agreement (Chiles Offshore LLC)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Loan Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders any Lender shall be remitted to the Borrower.Borrowers. 13.3
Appears in 1 contract
Samples: Senior Secured Bridge Loan Agreement
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, Agreement and/or under the Note and/or Notes in Dollars or the other Transaction Documents in Dollarsrelevant Foreign Currency; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, any of the Note and/or the other Transaction Loan Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note Note, and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Samples: Term Loan Credit Facility Agreement (SEACOR Marine Holdings Inc.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note Notes and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 1 contract
Samples: Pledge Agreement (Stolt Nielsen S A)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the each relevant Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders any Lender shall be remitted to the relevant Borrower.
Appears in 1 contract
Samples: Consent and Agreement (SEACOR Marine Holdings Inc.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall Borrowers shall, jointly and severally, pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then when due under this Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the BorrowerBorrowers.
Appears in 1 contract
Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders Banks shall be remitted to the Borrower.
Appears in 1 contract
Samples: Agreement (Omi Corp/M I)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Credit Facility Agreement, the Note and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Borrowers shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the other Transaction Documents Agreement in Dollars; any excess over the amount due received or collected by the Lenders Lender shall be remitted to the BorrowerBorrowers.
Appears in 1 contract
Samples: Teekay Shipping Corp
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note Notes and/or any of the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Tidewater Inc)
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but but, in any event event, not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency currency, when converted at the rate of exchange prevailing on the date of payment payment, will produce the amount then due under this Agreement, the Note and/or the other Transaction Loan Documents in Dollars; any excess over the amount due received or collected by the Lenders any Lender shall be remitted to the Borrower.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower Account Party shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, Agreement and/or any of the Note and/or the other Transaction Security Documents in Dollars; any excess over the amount due received or collected by the Lenders L/C Provider shall be remitted to the BorrowerAccount Party.
Appears in 1 contract
Change in Exchange Rate. If there is a change in the rate of exchange prevailing between the conversion date and the date of actual payment of the amount due, the Borrower shall pay such additional amounts (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount paid in the judgment currency when converted at the rate of exchange prevailing on the date of payment will produce the amount then due under this Agreement, the Note and/or the Agreement or any other Transaction Documents Document in Dollars; any excess over the amount due received or collected by the Lenders shall be remitted to the Borrower.
Appears in 1 contract
Samples: Credit Facility Agreement (K-Sea Transportation Partners Lp)
