Common use of Position of Swap Bank Clause in Contracts

Position of Swap Bank. Neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 28 contracts

Samples: Loan Agreement (Euroseas Ltd.), Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.)

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Position of Swap Bank. Neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19, 19 to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 3 contracts

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

Position of Swap Bank. Neither the The Facility Agent nor and the Security Trustee Agent shall not be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19clause 10, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is are also a LenderLenders and then again only in relation to such rights as the Swap Bank have as Lenders.

Appears in 2 contracts

Samples: Facilities Agreement, Loan Agreement (Golar LNG Partners LP)

Position of Swap Bank. Neither the Facility Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 2 contracts

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

Position of Swap Bank. Neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed proposal to be taken under or pursuant to the foregoing provisions of this Clause 19, 19 to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lenderlender.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

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Position of Swap Bank. Neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Position of Swap Bank. Neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 1924, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 1 contract

Samples: Facility Agreement (NewLead Holdings Ltd.)

Position of Swap Bank. Neither Until the Loan has been repaid in full together with any other Secured Liabilities owing to the Lenders, neither the Agent nor the Security Trustee shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to the foregoing provisions of this Clause 19, to have any regard to the requirements of the Swap Bank except to the extent that the Swap Bank is also a Lender.

Appears in 1 contract

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

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