Common use of No additional costs Clause in Contracts

No additional costs. If at the time of, or immediately after, any assignment and/or transfer by the Bank of all or any part of its rights and/or benefits and/or obligations under this Agreement, or any change in the office through which the Bank lends for the purposes of this Agreement, the Borrowers would be obliged to pay to the Assignee or Transferee or (in the case of a change of lending office) the Bank under clause 6.6 or 12.2 any sum exceeding the sum (if any) which it would have been obliged to pay to the Bank under the relevant clause had no such assignment, transfer or change taken place, the Borrowers shall not be obliged to pay such excess.

Appears in 7 contracts

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

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No additional costs. If at the time of, or immediately after, any assignment and/or transfer by the Bank of all or any part of its rights and/or benefits and/or obligations under this Agreement, or any change in the office through which the Bank lends for the purposes of this Agreement, the Borrowers Borrower would be obliged to pay to the Assignee or Transferee or (in the case of a change of lending office) the Bank under clause 6.6 or 12.2 any sum exceeding the sum (if any) which it would have been obliged to pay to the Bank under the relevant clause had no such assignment, transfer or change taken place, the Borrowers Borrower shall not be obliged to pay such excess.

Appears in 4 contracts

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

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No additional costs. If at the time of, or immediately after, any assignment and/or transfer by the a Bank of all or any part of its rights and/or or benefits under this Agreement or any transfer by a Bank of any part of the rights, benefits and/or obligations under this Agreement, or any change in the office through which the Bank it lends for the purposes of this Agreement, the Borrowers or any of them would be obliged to pay to the Assignee assignee or the Transferee Bank or (in the case of a change of lending office) the Bank such Bank, under clause clauses 6.6 or 12.2 or any other term of a Security Document any sum exceeding in excess of the sum (if any) which it would have been obliged to pay to the such Bank under the relevant clause had no in the absence of such assignment, transfer or change taken placechange, the Borrowers shall not be obliged to pay such that excess.

Appears in 2 contracts

Samples: Facility Agreement (Costamare Partners LP), Facility Agreement (Costamare Partners LP)

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