Common use of Existing rights unaffected Clause in Contracts

Existing rights unaffected. A Lender shall not be obliged to exercise any of its rights under Clause 12.2; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which such Lxxxxx is entitled (whether under the general law or any document).

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

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Existing rights unaffected. A Lender shall not be obliged to exercise any of its rights under Clause 12.213.2; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which such Lxxxxx Lender is entitled (whether under the general law or any document).

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Existing rights unaffected. A The Lender shall not be obliged to exercise any of its rights under Clause 12.214.1; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which such Lxxxxx the Lender is entitled (whether under the general law or any document).

Appears in 1 contract

Samples: Guarantee (Box Ships Inc.)

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Existing rights unaffected. A The Lender shall not be obliged to exercise any of its rights under Clause 12.213.1; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which such Lxxxxx a Lender is entitled (whether under the general law or any document).

Appears in 1 contract

Samples: Guarantee (EuroDry Ltd.)

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