Common use of Master Swap Agreements Clause in Contracts

Master Swap Agreements. (a) an Event of Default or Potential Event of Default (in each case as defined in the relevant Master Swap Agreement) has occurred and is continuing with a Borrower as the Defaulting Party (as defined in the relevant Master Swap Agreement) under either Master Swap Agreement or (b) an Early Termination Date has occurred or has been or become capable of being effectively designated under either Master Swap Agreement by the relevant Swap Provider or (c) either Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason; or

Appears in 8 contracts

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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Master Swap Agreements. (a) an Event of Default or Potential Event of Default (in each case as defined in the relevant Master Swap AgreementAgreements) has occurred and is continuing with a Borrower as the Defaulting Party (as defined in the relevant Master Swap Agreement) continued under either any Master Swap Agreement or (b) an Early Termination Date (as defined in the Master Swap Agreements) has occurred or has been or become capable of being effectively designated under either any Master Swap Agreement by the relevant Swap Provider or (c) either a person entitled to do so gives notice of an Early Termination Date under Section 6(b)(iv) of any Master Swap Agreement or (d) any Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason; or.

Appears in 4 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

Master Swap Agreements. (a) an Event of Default or Potential Event of Default (in each case as defined in the relevant Master Swap Agreement) has occurred and is continuing with a Borrower the Borrowers as the Defaulting Party (as defined in the relevant Master Swap Agreement) under either Master Swap Agreement or (b) an Early Termination Date has occurred or has been or become capable of being effectively designated under either Master Swap Agreement by the relevant Swap Provider or (c) either Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason; or

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

Master Swap Agreements. (a) an Event of Default or Potential Event of Default (in each case as defined in the relevant Master Swap Agreement) has occurred and is continuing with a Borrower as the Defaulting Party (as defined in the relevant Master Swap Agreement) under either Master Swap Agreement or (b) an Early early Termination Date has occurred or has been or become became capable of being effectively designated under either Master Swap Agreement by the relevant Swap Provider or (c) either Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked revoked, or otherwise ceases to remain in full force and effect for any reason; or

Appears in 1 contract

Samples: Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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Master Swap Agreements. (a) an Event of Default or Potential Event of Default (in each case as defined in the relevant Master Swap Agreement) has occurred and is continuing with a Borrower as the Defaulting Party (as defined in the relevant Master Swap Agreement) under either Master Swap Agreement or (b) an Early early Termination Date has occurred or has been or become became capable of being effectively designated under either Master Swap Agreement by the relevant Swap Provider or (c) either Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked revoked, or otherwise ceases to remain in full force and effect for any reason; ornr

Appears in 1 contract

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)

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