Events concerning the Security Parties. (a) any Security Party (other than the Borrower) fails to pay any sum due from it under this Agreement and/or any of the Security Documents when due, or, in the case of any sum payable on demand, within three (3) Banking Days of demand; or
Appears in 6 contracts
Samples: Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (StealthGas Inc.)
Events concerning the Security Parties. (a) any Security Party (other than the BorrowerBorrowers) fails to pay any sum due from it under this Agreement and/or any of the Security Documents when due, or, in the case of any sum payable on demand, within three (3) Banking Days of demand; or
Appears in 2 contracts
Samples: Loan Agreement (Costamare Inc.), Loan Agreement (FreeSeas Inc.)
Events concerning the Security Parties. (a) any Any Security Party (other than the Borrower) fails to pay any sum due from it under this Agreement and/or any of the Security Documents when due, or, in the case of any sum payable on demand, within three (3) Banking Days of demand; or
Appears in 2 contracts
Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Events concerning the Security Parties. (aA) any Security Party (other than the BorrowerBorrowers) fails to pay any sum due from it under this Agreement and/or any of the Security Documents when due, or, in the case of any sum payable on demand, within three (3) Banking Days of demand; or
Appears in 1 contract
Samples: Agreement (Euroseas Ltd.)
Events concerning the Security Parties. (a) any 12.06.01.any Security Party (other than the BorrowerBorrowers) fails to pay any sum due from it under this Agreement and/or any of the other Security Documents when due, or, in the case of any sum payable on demand, within three seven (37) Banking Days of demand; or
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Events concerning the Security Parties. (a) 12.06.01. any Security Party (other than the BorrowerBorrowers) fails to pay any sum due from it under this Agreement and/or any of the other Security Documents when due, or, in the case of any sum payable on demand, within three seven (37) Banking Days of demand; or
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