Common use of Indentures Clause in Contracts

Indentures. comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures which are set out in the Indenture Excerpt and the Borrowers further agree: (a) any terms defined in the First Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the Agent; (c) the Borrowers shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (as defined in either Indenture) or other termination or cancellation of the Indenture; (d) the Borrowers will not, and will procure that the Corporate Guarantor will not, vary any material term of either Indenture without the prior written consent of the Banks, however this will not affect its right of partial or full prepayment of either Indenture;

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

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Indentures. comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures which are set out in the Indenture Excerpt and the Borrowers Borrower further agreeagrees: (a) any terms defined in the First Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ Borrower’s obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the AgentBank; (c) the Borrowers Borrower shall continue to be bound by theirits, or as the case may be, the Corporate Guarantor’s, obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (as defined in either Indenture) or other termination or cancellation of the Indenture; (d) the Borrowers Borrower will not, and will procure that the Corporate Guarantor will not, vary any material term of either Indenture without the prior written consent of the BanksBank, however this will not affect its right of partial or full prepayment of either Indenture;

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Indentures. comply with all of the its obligations undertaken by the Corporate Guarantor under the Indentures Secured Indenture which are set out in the Indenture Excerpt and the Borrowers Borrower further agreeagrees: (a) any terms defined in the First each Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either the Secured Indenture by any person shall waive or vary the Borrowers’ Borrower’s obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the AgentLender; (c) the Borrowers Borrower shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, its obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either the Secured Indenture) or a Legal Defeasance (as defined in either the Secured Indenture) or other termination or cancellation of the Secured Indenture;; and (d) the Borrowers Borrower will not, and will procure that the Corporate Guarantor will not, not vary any material term of either the Secured Indenture without the prior written consent of the BanksLender, however this will not affect its right of partial or full prepayment of either the Secured Indenture;

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Indentures. comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures which are set out in the Indenture Excerpt (as evidenced by the Corporate Guarantor’s periodic SEC filings) and the Borrowers further agreeagree that: (a) any terms defined in the First Second Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the AgentBank; (c) the Borrowers shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (as defined in either Indenture) or other termination or cancellation of the Indenture; (d) the Borrowers will not, and will procure that the Corporate Guarantor will not, vary any material term of either Indenture without the prior written consent of the BanksBank, however this will not affect its their right of partial or full prepayment of either Indenture;.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Indentures. comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures which are set out in the Indenture Excerpt and the Borrowers further agree: (a) any terms defined in the First Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the Agent; (c) the Borrowers shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (as defined in either Indenture) or other termination or cancellation of the Indenture; (d) the Borrowers will not, and will procure that the Corporate Guarantor will not, vary any material term of either Indenture without the prior written consent of the Banks, however this will not affect its their right of partial or full prepayment of either Indenture;.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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Indentures. comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures which are set out in the Indenture Excerpt and the Borrowers Borrower further agree: (a) any terms defined in the First Indenture shall have those meanings when used in the Indenture Excerpt; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ Borrower’s obligations hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the Agent; (c) the Borrowers Borrower shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (as defined in either Indenture) or other termination or cancellation of the Indenture; (d) the Borrowers Borrower will not, and will procure that the Corporate Guarantor will not, vary any material term of either Indenture without the prior written consent of the Banks, however this will not affect its right of partial or full prepayment of either Indenture;

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Indentures. The Obligor shall comply with all of the obligations undertaken by the Corporate Guarantor under the Indentures Secured Indenture which are set out in the Indenture Excerpt and the Borrowers each Obligor further agreeagrees that: (a) any terms defined in the First Indenture shall have those meanings when used in the Indenture ExcerptExcerpt shall have the meanings ascribed thereto in the Indenture Definitions; (b) no waiver or variation of any term of either Indenture by any person shall waive or vary the Borrowers’ obligations any Obligor’s obligation hereunder to comply with the obligations in the Indenture Excerpt, except with the consent of the Agent; (c) the Borrowers each Obligor shall continue to be bound by their, or as the case may be, the Corporate Guarantor’s, its obligations as set out in the Indenture Excerpt following a Covenant Defeasance (as defined in either Indenture) or a Legal Defeasance (both terms as defined in either the Secured Indenture) or other termination or cancellation of the either Indenture;; and (d) the Borrowers will not, and will procure that the Corporate Guarantor will not, not vary any material term of either Indenture without Indenture, provided that the prior written consent of the Banks, however this will not affect its Corporate Guarantor’s right of partial or full prepayment of either Indenture;Indenture shall not be affected by the provisions of this paragraph (d).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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