Limitation of responsibility of Existing Lenders. This Agreement acts as notice to the Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 (Copy of Transfer Certificate or Assignment Agreement to Borrower), to the Borrower (on behalf of each Security Party) of the assignment referred to in this Agreement.
Appears in 4 contracts
Samples: Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Limitation of responsibility of Existing Lenders. This Assignment Agreement acts as notice to the Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 24.7 (Copy of Transfer Certificate or Assignment Agreement to Borrower), to the Borrower (on behalf of each Security PartyObligor) of the assignment referred to in this Assignment Agreement.
Appears in 2 contracts
Samples: Subordinated Facility Agreement (Diana Containerships Inc.), Subordinated Facility Agreement (Diana Shipping Inc.)
Limitation of responsibility of Existing Lenders. This Assignment Agreement acts as notice to the Facility Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 27.7 (Copy of Transfer Certificate or Assignment Agreement to Borrower), to the Borrower (on behalf of each Security PartyTransaction Obligor) of the assignment referred to in this Assignment Agreement.
Appears in 1 contract
Limitation of responsibility of Existing Lenders. This Assignment Agreement acts as notice to the Facility Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 23.7 (Copy of Transfer Certificate or Assignment Agreement to Borrower), to the Borrower (on behalf of each Security Party) of the assignment referred to in this Agreement.
Appears in 1 contract
Limitation of responsibility of Existing Lenders. This Agreement acts as notice to the Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 24.7 (Copy of Transfer Certificate or Assignment Agreement to BorrowerBorrowers), to the Borrower Borrowers (on behalf of each Security Party) of the assignment referred to in this Agreement.
Appears in 1 contract
Samples: Secured Loan Facility Agreement (Diana Containerships Inc.)
Limitation of responsibility of Existing Lenders. This Assignment Agreement acts as notice to the Facility Agent (on behalf of each Finance Party) and, upon delivery in accordance with Clause 24.6 22.7 (Copy of Transfer Certificate or Assignment Agreement to Borrower), to the Borrower (on behalf of each Security Party) of the assignment referred to in this Agreement.
Appears in 1 contract
Samples: Term Loan Facility (DryShips Inc.)