Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against the Borrower and the other Security Parties;
Appears in 4 contracts
Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (FreeSeas Inc.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, in or over the assets and revenues intended to be covered, valid and enforceable against the Borrower and the other relevant Security Parties;
Appears in 2 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the BankLender, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against the Borrower and the other Security Parties;
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against each of the Borrower Borrowers and the other Security Parties;
Appears in 2 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Costamare Inc.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest Encumbrance in favour of the Bank, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against each of the Borrower and the other Security Parties;
Appears in 2 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, over in the assets and revenues intended to be covered, valid and enforceable against the Borrower Borrower, and each of the other Security PartiesParty as it is or will be a party thereto in any Relevant Jurisdiction;
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against the Borrower Borrowers and the other Security Parties;
Appears in 1 contract
Samples: Loan Agreement (FreeSeas Inc.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, in or over the assets and revenues intended to be covered, valid and enforceable against the Borrower Borrower, and the other Security Parties;
Appears in 1 contract
Perfected Securities. when duly executedexecuted and recorded where required, the Security Finance Documents will create a perfected security interest in favour of the BankLender, with the intended priority, over the assets and revenues intended to be covered, valid and enforceable against the Borrower and the other Security Parties;
Appears in 1 contract
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, over in the assets and revenues intended to be covered, valid and enforceable against each of the Borrower Borrowers and the other Security Parties;
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Perfected Securities. when duly executed, the Security Documents will create a perfected security interest in favour of the Bank, with the intended priority, in or over the assets and revenues intended to be covered, valid and enforceable against each of the Borrower Borrowers, and the other Security Parties;
Appears in 1 contract