Negative undertakings. The Borrowers jointly and severally undertake with each Creditor that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment remains outstanding, the Borrowers will not, without the prior written consent of the Agent:
Appears in 3 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (Diana Containerships Inc.)
Negative undertakings. The Borrowers jointly and severally undertake Each Obligor undertakes with each Creditor of the Lenders and the Agent that, from the date of this Agreement and so long as any moneys are owing under the Security Finance Documents and while all or any part of the Total Commitment Commitments remains outstanding, the Borrowers will not, without the prior written consent of the AgentAgent acting on the instructions of the Majority Lenders:
Appears in 2 contracts
Samples: Facility Agreement (British Sky Broadcasting Group PLC), Facility Agreement (British Sky Broadcasting Group PLC)
Negative undertakings. The Borrowers jointly and severally undertake with each Creditor that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment remains outstanding, the Borrowers they will not, without the prior written consent of the Agent:Agent (acting on the instructions of the Majority Lenders):
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Negative undertakings. The Borrowers jointly and severally undertake with the Agent and each Creditor of the other Creditors that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment remains outstanding, the Borrowers they will not, without the prior written consent of the Agent:
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with each Creditor of the Finance Parties that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and/or the Master Swap Agreement and while all or any part of the Total Commitment remains outstanding, the Borrowers it will not, not and will procure that each Owner will not without the prior written consent of the Agent:
Appears in 1 contract
Samples: Facilities Agreement (Omega Navigation Enterprises, Inc.)
Negative undertakings. The Borrowers jointly and severally undertake with each Creditor that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment remains outstanding, the Borrowers they will not, without the prior written consent of the Agent:Agent (acting on the instructions of the Majority Banks):
Appears in 1 contract
Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Negative undertakings. The Borrowers jointly and severally undertake Borrower undertakes with each Creditor of the Finance Parties that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment remains outstanding, the Borrowers it will not, not and will procure that each Owner will not without the prior written consent of the Agent:
Appears in 1 contract
Samples: Facilities Agreement (Aries Maritime Transport LTD)
Negative undertakings. The Borrowers jointly and severally undertake with each Creditor that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Total Commitment or the Facility Commitment remains outstanding, the Borrowers they will not, without the prior written consent of the Agent:Agent (acting on the instructions of the Majority Banks):
Appears in 1 contract
Samples: Facility Agreement (Costamare Inc.)