Common use of Powers and duties of the Security Trustee Clause in Contracts

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent beyond those expressly stated in any of the Security Documents. Each of the Agent and the Lenders hereby authorises the Security Trustee to enter into and execute:

Appears in 20 contracts

Samples: Navios Maritime Partners L.P., Agreement, Facility Agreement (Pyxis Tankers Inc.)

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Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent beyond those expressly stated in any of the Security Documents. Each of the Agent and the Swap Banks, the Lenders hereby authorises the Security Trustee to enter into and execute:

Appears in 5 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Private and Confidential (Navios Maritime Holdings Inc.)

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent beyond those expressly stated in any of the Security Documents. Each of the Agent and the Swap Bank, the Lenders hereby authorises the Security Trustee to enter into and execute:

Appears in 5 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Navios Maritime Acquisition CORP

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent beyond those expressly stated in any of the Security Documents. Each of the Agent Agent, the Swap Bank and the Lenders hereby authorises the Security Trustee to enter into and execute:

Appears in 2 contracts

Samples: EuroDry Ltd., Euroseas Ltd.

Powers and duties of the Security Trustee. 16.15.1 19.2.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent Banks beyond those expressly stated in any of the Security Documents. Each of the Agent and the Lenders Banks hereby authorises the Security Trustee to enter into and execute:

Appears in 1 contract

Samples: Agreement (Box Ships Inc.)

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to the Facility Agent, the Swap Provider or any of the Lenders and the Facility Agent beyond those expressly stated in any of the Security Documents. Each of the Agent Facility Agent, the Swap Provider and the Lenders hereby authorises the Security Trustee to enter into and execute:

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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Powers and duties of the Security Trustee. 16.15.1 16.2.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent Banks beyond those expressly stated in any of the Security Documents. Each of the Agent and the Lenders Banks hereby authorises the Security Trustee to enter into and execute:

Appears in 1 contract

Samples: Agreement (StealthGas Inc.)

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent other Creditors beyond those expressly stated in any of the Security Documents. Each of the Agent Agent, the Swap Bank and the Lenders Banks hereby authorises the Security Trustee to enter into and execute:

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Powers and duties of the Security Trustee. 16.15.1 The Security Trustee shall have no duties, obligations or liabilities to any of the Lenders and the Agent other Creditors beyond those expressly stated in any of the Security Documents. Each of the Agent and the Lenders Banks hereby authorises the Security Trustee to enter into and execute:

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

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