Common use of Obligations Unaffected Clause in Contracts

Obligations Unaffected. Nothing in this Clause 13 contained shall be deemed to affect: (a) the liability and absolute obligation of the Borrower to pay interest on and to repay the Loan as provided in Clauses 3 (Interest) and 4 (Repayment-Prepayment) nor shall they constitute or be construed as constituting a manner of postponement thereof; or (b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.

Appears in 3 contracts

Samples: Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

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Obligations Unaffected. Nothing in The provisions of this Clause 13 contained shall be deemed to do not affect: (a) the liability and absolute obligation of the Borrower to pay interest on and to repay the Loan and pay interest thereon on the due dates as provided in Clauses Clause 3 (Interest) and Clause 4 (Repayment-Prepayment) nor shall they constitute or be construed as constituting a manner of postponement thereof; or (b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.

Appears in 2 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Obligations Unaffected. Nothing in this Clause 13 contained shall be deemed to affect: (a) the liability and absolute obligation of the Borrower Borrowers to pay interest on and to repay the Loan as provided in Clauses 3 (Interest) and 4 (Repayment-Prepayment) nor shall they constitute or be construed as constituting a manner of postponement thereof; or (b) any other liability or obligation of the Borrower Borrowers or any other Security Party under any Finance Document.

Appears in 1 contract

Samples: Loan Agreement (Imperial Petroleum Inc./Marshall Islands)

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Obligations Unaffected. Nothing in this Clause 13 herein contained shall be deemed to affect:: 70 (J18-185622/C) (a) the liability and absolute obligation of the Borrower to pay interest on and to repay the Loan as provided in Clauses 3 (Interest) and 4 (Repayment-Prepayment) nor shall they constitute or be construed as constituting a manner of postponement thereof; or (b) any other liability or obligation of the Borrower or any other Security Party under any Finance Document.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

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