Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement were references to the Loan Agreement as amended and supplemented by this Supplemental Agreement. 5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to this Supplemental Agreement.
Appears in 8 contracts
Samples: First Supplemental Agreement to Secured Loan Agreement, Secured Loan Facility Agreement (Costamare Inc.), Second Supplemental Agreement to a Secured Loan Facility (DryShips Inc.)
Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Original Facility Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Facility Agreement (however described) were references to the Loan Original Facility Agreement as amended and supplemented by this Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Original Facility Agreement made in or pursuant to this Supplemental Agreement.
Appears in 4 contracts
Samples: Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.), Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.), Secured Reducing Revolving Multi Currency Credit Facility Agreement (Safe Bulkers, Inc.)
Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Finance Documents (other than the Loan Agreement) to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Finance Documents to the Loan Agreement were references to the Loan Agreement as amended and supplemented restated by this Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Finance Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to this Supplemental Agreement.
5.3 Each of the Security Parties confirms and agrees that the security created by each of the Security Parties under the Security Documents shall extend to and secure the liabilities and obligations of the Security Parties under the Loan Agreement as amended by this Supplemental Agreement.
Appears in 3 contracts
Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Confirmation and Undertaking. 5.1 6.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Original Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Original Loan Agreement were references to the Original Loan Agreement as amended and supplemented by this Supplemental Agreement.
5.2 6.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Original Loan Agreement made in or pursuant to this Supplemental Agreement.
Appears in 2 contracts
Samples: Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD), Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD)
Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement and the Security Documents made in this First Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement and Security Documents (however described) were references to the Loan Agreement and the Security Documents as amended and supplemented by this First Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement and the Security Documents made in or pursuant to this First Supplemental Agreement.
Appears in 2 contracts
Samples: First Supplemental Agreement to a Secured Loan Facility Agreement (Paragon Shipping Inc.), First Supplemental Agreement to a Secured Loan Facility Agreement (Paragon Shipping Inc.)
Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its its/his respective obligations under or pursuant to each of the Security Documents to which it it/he is a party remain in full force and effect, despite the amendments to the Loan Agreement and the Security Documents made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement (however described) were references to the Loan Agreement as amended and supplemented by this Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to this Supplemental Agreement.
Appears in 1 contract
Samples: Supplemental Agreement to Secured Loan Facility Agreement (Poseidon Containers Holdings Corp.)
Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Second Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement were references to the Loan Agreement as amended and supplemented by this Second Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to this Second Supplemental Agreement.
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Confirmation and Undertaking. 5.1 6.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in the First Supplemental Agreement and in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement were references to the Loan Agreement as amended and supplemented by the First Supplemental Agreement and this Supplemental Agreement.
5.2 6.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to the First Supplemental Agreement and this Supplemental Agreement.
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Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement were references to the Loan Agreement as amended amended, supplemented and supplemented novated by this Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Loan Agreement made in or pursuant to this Supplemental Agreement.
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Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Original Loan Agreement made in this Second Supplemental Agreement, as if all references in any of the Security Documents to the Original Loan Agreement (however described) were references to the Original Loan Agreement as amended and supplemented by this Second Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Original Loan Agreement made in or pursuant to this Second Supplemental Agreement.
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Confirmation and Undertaking. 5.1 Each of the Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Original Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Original Loan Agreement were references to the Original Loan Agreement as amended and supplemented by this Supplemental Agreement.
5.2 The definition of any term defined in any of the Security Documents shall, to the extent necessary, be modified to reflect the amendments to the Original Loan Agreement made in or pursuant to this Supplemental Agreement.
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