Common use of Obligations Several Clause in Contracts

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 21 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Paragon Shipping Inc.)

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Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the Master Agreement to which each is a party are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 14 contracts

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.)

Obligations Several. The obligations of the Lenders and the Swap Bank under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender or the Swap Bank to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 14 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 12 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Paragon Shipping Inc.)

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the Master Agreement Agreements are several; and a failure of a Lender to perform its obligations under this Agreement or of the a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 4 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the any Master Agreement to which each is a party are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 3 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement Agreements are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the Swap Bank to perform its obligations under the a Master Agreement shall not result in:

Appears in 2 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement Agreements are several; and a failure of a Lender to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the Master Agreement are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the a Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Obligations Several. The obligations of the Lenders and of the Swap Bank under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender or of the Swap Bank to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 2 contracts

Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)

Obligations Several. The obligations of the Lenders and each Swap Bank under this Agreement and of the that Swap Bank under the relevant Master Agreement are several; and a failure of a Lender or a Swap Bank to perform its obligations under this Agreement or of the a Swap Bank to perform its obligations under the Master Agreement to which that Swap Bank is a party shall not result in:

Appears in 2 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the each Swap Bank under the Master Agreement to which it is a party are several; and a failure of a Lender to perform its obligations under this Agreement or of the either Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 2 contracts

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the any Master Agreement Agreements to which each is a party are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the a Swap Bank to perform its obligations under the Master Agreement Agreements to which it is a party shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the Master Agreement Agreements are several; and a failure of a Lender to perform its obligations under this Agreement or a failure of the a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 1 contract

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

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank Banks under the Master Agreement to which it is a party are several; and a failure of a Lender to perform its obligations under this Agreement or of the a failure by a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement Agreements are several; and a failure of a Lender to perform its obligations under this Agreement or of a failure by the Swap Bank to perform its obligations under the a Master Agreement shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Obligations Several. The obligations of the Lenders Lenders, the Swap Bank and the Issuing Bank under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender Lender, the Swap Bank or the Issuing Bank to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Obligations Several. The obligations of the Lenders under this Agreement and of the each Swap Bank under the Master Agreement to which it is a party are several; and a failure of a Lender to perform its obligations under this Agreement or of the a failure by a Swap Bank to perform its obligations under the Master Agreement to which it is a party shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Britannia Bulk Holdings Inc)

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under the Master Agreement shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Obligations Several. The obligations of the Lenders under this Agreement and of the Swap Bank under the Master Agreement are several; and a failure of a Lender to perform its obligations under this Agreement or of the Swap Bank to perform its obligations under this Agreement and of the Swap Bank under the Master Agreement shall not result in:

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

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