Master Agreement. rights The rights conferred on the Lender by this Clause 16 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Lender by the Master Agreement.
Appears in 5 contracts
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Master Agreement. rights The rights conferred on the Lender Swap Provider by this Clause 16 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Lender Swap Provider by the Master Agreement.
Appears in 5 contracts
Samples: Secured Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Poseidon Containers Holdings Corp.)
Master Agreement. rights The rights conferred on the Lender by this Clause 16 shall be in addition to, and without prejudice to or limitation of, the rights of netting and set off conferred on the Lender by the Master Agreement. The Borrowers acknowledge that the Lender shall be under no obligation to make any payment to the Borrowers under the Master Agreement if, at the time that payment becomes due, an Event of Default or Termination Event (as those terms are respectively defined in the Master Agreement) shall have occurred.
Appears in 1 contract
Samples: Secured Loan Agreement (Danaos Corp)
Master Agreement. rights The rights conferred on the Lender by this Clause 16 shall be in addition to, and without prejudice to or limitation of, of the rights of netting and set set-off conferred on the Lender by the Master Agreement.
Appears in 1 contract
