Master Swap Agreements. 11.18 (a) an Event of Default or Potential Event of Default (in each case as defined in the Master Swap Agreements) has occurred and is continued under any Master Swap Agreement or (b) an Early Termination Date (as defined in the Master Swap Agreements) has occurred or been or become capable of being effectively designated under any Master Swap Agreement or (c) 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Section 6(b)(iv) of any Master Swap Agreement or (d) any Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason. Material adverse change
Appears in 4 contracts
Samples: Restructuring Agreement (Danaos Corp), Restructuring Agreement (Danaos Corp), Agreement (Danaos Corp)
Master Swap Agreements. 11.18 (a) an Event of Default or Potential Event of Default (in each case as defined in the Master Swap Agreements) has occurred and is continued under any the Master Swap Agreement Agreements or (b) an Early Termination Date (as defined in the Master Swap Agreements) has occurred or been or become capable of being effectively designated under any the Master Swap Agreement Agreements or (c) a person entitled to do so gives notice of an Early Termination Date under Section 6(b)(iv) of any the Master Swap Agreement Agreements or (d) any Master Swap Agreement Agreements is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason. Material adverse change; or
Appears in 2 contracts
Samples: Agreement (Aries Maritime Transport LTD), Agreement (Aries Maritime Transport LTD)
Master Swap Agreements. 11.18 (a) an Event of Default or Potential Event of Default (in each case as defined in the Master Swap AgreementsAgreement) has occurred and is continued under any the Master Swap Agreement or (b) an Early Termination Date (as defined in the Master Swap AgreementsAgreement) has occurred or been or become capable of being effectively designated under any the Master Swap Agreement or (c) a person entitled to do so gives notice of an Early Termination Date under Section 6(b)(iv) of any the Master Swap Agreement or (d) any the Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason. Material adverse change; or
Appears in 1 contract
Samples: Facilities Agreement (Omega Navigation Enterprises, Inc.)
Master Swap Agreements. 11.18 (a) an Event of Default or Potential Event of Default (in each case as defined in the each Master Swap AgreementsAgreement) has occurred and is continued under any such Master Swap Agreement or (b) an Early Termination Date (as defined in the each Master Swap AgreementsAgreement) has occurred or been or become capable of being effectively designated under any such Master Swap Agreement or (c) a person entitled to do so gives notice of an Early Termination Date under Section 6(b)(iv) of any either Master Swap Agreement or (d) any either Master Swap Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason. Material adverse change; or
Appears in 1 contract
