No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank: 16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or 16.7.2 for the financial condition of any Security Party; or 16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or 16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or 16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or 16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or 16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or 16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or 16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 3 contracts
Samples: Supplemental Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any either of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 2 contracts
Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any BankBank or the Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Provider.
Appears in 2 contracts
Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any BankBank or either Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Providers.
Appears in 2 contracts
Samples: Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bankother Creditor:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 2 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Diana Containerships Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:Bank or either Swap Provider.
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Providers.
Appears in 2 contracts
Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of the Borrowers or any of the Borrowers them or any other Security Party to the Ships a Ship or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhereelsewhere (except in the case of gross negligence or wilful misconduct); or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement (except in the case of gross negligence or wilful misconduct) or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank or the Issuing Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Borrower or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Issuing Bank.
Appears in 2 contracts
Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Lender or a Swap Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Borrower or any other Security Party to the Ships Mortgaged Vessels or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent Trustee to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement the Security Documents or its their negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksLenders.
Appears in 1 contract
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Borrower or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent Trustee to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any BankBank or the Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any either of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Provider.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Borrower or any other Security Party to the Ships Ship or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this the Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall not have any responsibility or liability to any BankBank or the Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of the Borrowers or any of the Borrowers them or any other Security Party to the Ships a Ship or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this the Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Provider.
Appears in 1 contract
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bankother Creditor:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any either of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any BankBank or either Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Owners or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Providers.
Appears in 1 contract
Samples: Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither of the Arranger nor the Agent shall have any responsibility or liability to any BankBank or the Swap Provider:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any either of the Borrowers or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this the Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the BanksBanks or the Swap Provider.
Appears in 1 contract
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank or the Swap Bank:
16.7.1 on account of the failure of any Security Party to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security Party; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers Borrower or any other Security Party to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent Trustee to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
No responsibility on Arranger or Agent for Borrowers’ performance. Neither the Arranger nor the Agent shall have any responsibility or liability to any Bank:
16.7.1 on account of the failure of any Security Party or HoldCo to perform its obligations under any of the Security Documents; or
16.7.2 for the financial condition of any Security PartyParty or HoldCo; or
16.7.3 for the completeness or accuracy of any statements, representations or warranties in any of the Security Documents or any document delivered under any of the Security Documents; or
16.7.4 for the execution, effectiveness, adequacy, genuineness, validity, enforceability or admissibility in evidence of any of the Security Documents or of any certificate, report or other document executed or delivered under any of the Security Documents; or
16.7.5 to investigate or make any enquiry into the title of any of the Borrowers or any other Security Party or HoldCo to the Ships or any other security or any part thereof; or
16.7.6 for the failure to register any of the Security Documents with any official or regulatory body or office or elsewhere; or
16.7.7 for taking or omitting to take any other action under or in relation to any of the Security Documents or any aspect of any of the Security Documents; or
16.7.8 on account of the failure of the Security Agent to perform or discharge any of its duties or obligations under the Security Documents; or
16.7.9 otherwise in connection with this Agreement or its negotiation or for acting (or, as the case may be, refraining from acting) in accordance with the instructions of the Banks.
Appears in 1 contract
