Common use of Obligation of Reference Banks to quote Clause in Contracts

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 46 contracts

Samples: Agreement, Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Global Ship Lease, Inc.)

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Obligation of Reference Banks to quote. A Reference Bank Lender which is a Lender Reference Bank shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 11 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (GasLog Partners LP), Loan Agreement (Paragon Shipping Inc.)

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this AgreementAgreement unless that Reference Bank ceases to be a Lender pursuant to Clause 26.18.

Appears in 10 contracts

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

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this AgreementAgreement unless that Reference Bank ceases to be a Lender pursuant to Clause 26.19.

Appears in 8 contracts

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

Obligation of Reference Banks to quote. A Reference Bank Lender which is a Lender Reference Bank shall use all reasonable efforts to supply the any quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 7 contracts

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

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the any quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 7 contracts

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

Obligation of Reference Banks to quote. A Each Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 3 contracts

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

Obligation of Reference Banks to quote. A Reference Bank In circumstances where a quotation is required, a Lender which is a Lender Reference Bank shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 1 contract

Samples: Management Agreement (Pacific Drilling S.A.)

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Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it (accompanied by evidence supporting such quotation) for the purposes of fixing a rate of interest under this AgreementAgreement unless that Reference Bank ceases to be a Lender pursuant to Clause 26.18.

Appears in 1 contract

Samples: Agreement (Seanergy Maritime Holdings Corp.)

Obligation of Reference Banks to quote. A Reference Bank which If the Lender is a Lender Reference Bank, it shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this AgreementAgreement unless that Reference Bank ceases to be a Lender pursuant to Clause 26.19 (Replacement of a Reference Bank).

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Obligation of Reference Banks to quote. A In circumstances where a quotation is required from the Reference Banks, a Bank which is a Lender Reference Bank shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Obligation of Reference Banks to quote. A Reference Bank which is a Lender shall use all reasonable efforts to supply the quotation required of it for the purposes of fixing a rate of interest under this AgreementAgreement unless that Reference Bank ceases to be a Lender pursuant to Clause 26.18 (Replacement of a Reference Bank).

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

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