Common use of Notification of market disruption Clause in Contracts

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 35 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

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Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 27 contracts

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

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 5.5 which have caused its notice to be given.

Appears in 23 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement, Agreement (Star Bulk Carriers Corp.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders and the Swap Bank stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 15 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders and each of the Swap Counterparties stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 8 contracts

Samples: Agreement, Loan Agreement, Agreement (Dynagas LNG Partners LP)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower, each of the Lenders and each of the Lenders Swap Counterparties stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 6 contracts

Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (GasLog Partners LP)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 5.6 which have caused its notice to be given.

Appears in 5 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC), Loan Agreement (DryShips Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 6.5 which have caused its notice to be given.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Notification of market disruption. The Agent shall promptly notify in writing the Borrowers Borrower and each of the Lenders and the Swap Bank stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and Borrower, each of the Lenders and the Swap Bank stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 (Market Disruption) which have caused its notice to be given.

Appears in 2 contracts

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

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrowers, each of the Lenders and each of the Lenders Swap Banks stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.)

Notification of market disruption. The Facility Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 5.5 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 5.5 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Alma Maritime LTD)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders and the Swap Bank-Banks stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrowers, each of the Lenders and each of the Lenders Swap Counterparties stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (GasLog Ltd.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 6.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Notification of market disruption. The Facility Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling failing within Clause 5.7 which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower, each of the Lenders and each of the Lenders Swap Counterparties stating the circumstances falling within Clause 5.7 5.5 which have caused its notice to be given.

Appears in 2 contracts

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

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 6.5 (Market disruption) which have caused its notice to be given.

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 which have caused its notice to be givengiven in which case Clause 5.9 shall apply.

Appears in 2 contracts

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

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower, each of the Term Loan Lenders or the Revolving Loan Lenders, as the case may be, and each of the Lenders Swap Counterparties stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Eagle Bulk Shipping Inc.)

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Notification of market disruption. The Facility Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 5.6 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders and the Swap Bank stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Notification of market disruption. The Paying Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 6.7 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 (Market disruption) which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating of the circumstances occurrence of an event falling within Clause 5.7 (Market disruption) and stating the circumstances which have caused its such notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders and the Swap Bank stating the circumstances falling within Clause 5.7 5.6 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 CIause 5.6 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders stating the circumstances falling within Clause 5.7 (Market disruption) which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers and each of the Lenders and the. Swap Bank stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Management Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrowers, each Lender and each of the Lenders Swap Bank stating the circumstances falling within Clause 5.7 5.6 which have caused its notice to be given.

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders and the Swap Banks stating the circumstances falling within Clause 5.7 which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 which have caused its notice to be givengiven and the interest rates calculated by reference to Clause 5.7(a).

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notification of market disruption. The Agent shall promptly notify the Borrowers Borrower and each of the Lenders stating the circumstances falling within Clause 5.7 (Market disruption) which have caused its notice to be given.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

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