Common use of Negative undertakings Clause in Contracts

Negative undertakings. The Borrowers jointly and severally undertake with the Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:

Appears in 5 contracts

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

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Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders):

Appears in 5 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Majority Banks):

Appears in 5 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Navios Maritime Acquisition CORP

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the each Bank that, from the Execution Date until the end of the Facility Period, they it will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Majority Banks):

Appears in 4 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the each Bank that, from the Execution Date until the end of the Facility Period, they it will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Majority Lenders):

Appears in 3 contracts

Samples: Agreement, Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Holdings Inc.)

Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders) which consent shall not, in respect of clauses 8.3.4 and 8.3.13, be unreasonably withheld.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), www.lw.com

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the Bank each Creditor that, from the Execution Date until the end of the Facility Period, they it will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Banks and such consent not to be unreasonably withheld):

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the each Bank that, from the Execution Date until the end of the Facility Period, they it will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders and such consent in respect of any change of name, flag, Classification, Classification Society or Manager not to be unreasonably withheld):

Appears in 2 contracts

Samples: EuroDry Ltd., Euroseas Ltd.

Negative undertakings. The Borrowers jointly and severally undertake with the Bank each Creditor Party that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders):

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders) (such consent not to be unreasonably withheld in relation to Clause 8.3.13):

Appears in 1 contract

Samples: Navios Maritime Acquisition CORP

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Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent and Agent (acting on the instructions of the Lenders):

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent and Agent (acting on the instructions of the Lenders which consent shall not, in respect of clauses 8.3.4 and 8.3.13, be unreasonably withheld.

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

Negative undertakings. The Borrowers jointly and severally undertake with the each Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:Agent (acting on the reasonable instructions of the Majority Lenders):

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with the each Bank that, from the Execution Date until the end of the Facility Period, they will it not, without the prior written consent of the Bank:Agent (acting on the instructions of the Lenders):

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Negative undertakings. The Borrowers jointly and severally undertake with the Bank that, from the Execution Date until the end of the Facility Period, they will not, without the prior written consent of the Bank:

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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