Common use of Provision of additional security cover; prepayment of Loan Clause in Contracts

Provision of additional security cover; prepayment of Loan. The Borrower undertakes with each Creditor Party that if the Agent notifies the Borrower that:

Appears in 10 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

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Provision of additional security cover; prepayment of Loan. The Borrower undertakes with each Creditor Party that that, if the Agent notifies the Borrower that:

Appears in 6 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Provision of additional security cover; prepayment of Loan. The Borrower undertakes with each Creditor Party that that, if at any time the Agent notifies the Borrower that:

Appears in 2 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Provision of additional security cover; prepayment of Loan. The Each Borrower undertakes with each Creditor Party that if the Agent (acting on the instructions of the Majority Lenders) notifies the Borrower Borrowers that:

Appears in 1 contract

Samples: Dynagas LNG Partners LP

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Provision of additional security cover; prepayment of Loan. The Borrower undertakes Borrowers undertake with each Creditor Party that if the Agent (acting on the instructions of the Majority Lenders) notifies the Borrower Borrowers that:

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Provision of additional security cover; prepayment of Loan. The Borrower undertakes undertake with each Creditor Party that if the Agent (acting on the instructions of the Majority Lenders) notifies the Borrower that:

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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