Proceedings by individual Lender. However, without the prior consent of the Majority Lenders, no Lender may bring proceedings in respect of: (a) any other liability or obligation of the Borrower or a Security Party under or connected with a Finance Document; or (b) any misrepresentation or breach of warranty by the Borrower or a Security Party in or connected with a Finance Document.
Appears in 3 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (DryShips Inc.)
Proceedings by individual Lender. However, without the prior consent of the Majority Lenders, no a Lender may not bring proceedings in respect of:
(a) any other liability or obligation of the Borrower or a Security Party under or connected with a Finance Document; or
(b) any misrepresentation or breach of warranty by the Borrower or a Security Party in or connected with a Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Proceedings by individual Lender. HoweverNo Lender may, without the prior consent of all the Majority Lenders, no Lender may bring proceedings in respect of:
(a) any other liability or obligation of the Borrower Borrowers or any of them or a Security Party under or connected with a Finance Document; or
(b) any misrepresentation or breach of warranty by the Borrower Borrowers or any of them or a Security Party in or connected with a Finance Document.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Proceedings by individual Lender. However, without the prior written consent of the Majority Lenders, no Lender may bring proceedings in respect of:
(a) any other liability or obligation of the either Borrower or a Security Party under or connected with a Finance Document; or
(b) any misrepresentation or breach of warranty by the either Borrower or a Security Party in or connected with a Finance Document.
Appears in 1 contract
Proceedings by individual Lender. However, without the prior written consent of all the Majority Lenders, no Lender may bring proceedings in respect of:
(a) any other liability or obligation of the Borrower or a Security Party under or connected with a Finance Document; or
(b) any misrepresentation or breach of warranty by the Borrower or a Security Party in or connected with a Finance Document.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Proceedings by individual Lender. HoweverNo Lender may, without the prior consent of all the Majority Lenders, no Lender may bring proceedings in respect of:
(a) any other liability or obligation of the Borrower Borrowers or either of them or a Security Party under or connected with a Finance Document; or
(b) any misrepresentation or breach of warranty by the Borrower Borrowers or wither of them or a Security Party in or connected with a Finance Document.
Appears in 1 contract
