Common use of Purposes of further assurances Clause in Contracts

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders intended should be created by or pursuant to the Loan Agreement or any other Security Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 4 contracts

Samples: Supplemental Agreement (Navios Maritime Partners L.P.), Second Supplemental Agreement (Navios Maritime Partners L.P.), First Supplemental Agreement

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Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 4 contracts

Samples: Supplemental Agreement (Euroseas Ltd.), Supplemental Agreement (EuroDry Ltd.), Second Supplemental Agreement (EuroDry Ltd.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders intended should be created by or pursuant to the Loan Facility Agreement or any other Security Finance Document, each as amended and supplemented by this Supplemental Agreement; and (b) implementing the terms and provisions of this Supplemental Agreement.

Appears in 4 contracts

Samples: Supplemental Agreement (Navios Maritime Containers Inc.), Supplemental Agreement (Navios Maritime Containers Inc.), Supplemental Agreement (Navios Maritime Containers Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and or supplemented by this Agreement, or by the relevant Mortgage Addendum; and (b) implementing the terms and provisions of this Agreement.

Appears in 2 contracts

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

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Creditor Parties intended should be created by or pursuant to the Existing Loan Agreement or any other Security Finance Document, each as amended and restated or supplemented by this Agreement, or the New Mortgage; and (b) implementing the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Amending and Restating Agreement (GasLog Partners LP), Amending and Restating Agreement

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and restated or supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Amending and Restating Agreement (DryShips Inc.), Amending and Restating Agreement (DryShips Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: Supplemental Agreement (TBS International PLC), Supplemental Agreement (TBS International PLC)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 2 contracts

Samples: First Supplemental Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (Navios Maritime Holdings Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement, the Master Agreement or any other Security Finance Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (TBS International PLC)

Purposes of further assurances. Those purposes are: (a) to validly and effectively to create any Encumbrance Security or right of any kind which the Lenders intended should be created by or pursuant to the Loan Facility Agreement or any other Security Finance Document, each as amended and or supplemented by this First Supplemental Agreement; and (b) implementing to implement the terms and provisions of this First Supplemental Agreement.

Appears in 1 contract

Samples: First Supplemental Agreement (Global Ship Lease, Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Document, each as amended and supplemented by this Supplemental Agreement; and (b) implementing the terms and provisions of this Supplemental Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Navios Maritime Acquisition Corp)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and or supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Box Ships Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders intended should be created by or pursuant to the Loan Facility Agreement or any other Security Finance Document, each as amended and supplemented by this Second Supplemental Agreement; and (b) implementing the terms and provisions of this Second Supplemental Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Navios Maritime Containers Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and or supplemented by this First Supplemental Agreement; and (b) implementing to implement the terms and provisions of this First Supplemental Agreement.

Appears in 1 contract

Samples: First Supplemental Agreement (Global Ship Lease, Inc.)

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Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and restated or supplemented by this Agreement, or by the relevant Mortgage Addendum or the relevant Guarantee Supplement; and (b) implementing the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Amending and Restating Agreement (Seacastle Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders intended should be created by or pursuant to the Loan Facility Agreement or any other Security Document, each as amended and supplemented by this Agreement; and (b) implementing the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Navios Maritime Containers Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and restated or supplemented by this AgreementAgreement or by the Mortgage Addendum; and (b) implementing the terms and provisions of this Agreement.

Appears in 1 contract

Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should to be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and supplemented by this Fourth Supplemental Agreement; and (b) implementing the terms and provisions of this Fourth Supplemental Agreement.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

Purposes of further assurances. Those purposes are: : (a) validly and effectively to create any Encumbrance or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Document, each as amended and supplemented by this Supplemental Agreement; and and (b) implementing the terms and provisions of this Supplemental Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (Euroseas Ltd.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Document, each as amended and supplemented by this Supplemental Agreement; and (b) implementing the terms and provisions of this Supplemental Agreement.

Appears in 1 contract

Samples: Supplemental Agreement (StealthGas Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and supplemented by this Second Supplemental Agreement; , and (b) implementing the terms and provisions of this Second Supplemental Agreement.,

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Lenders Lender intended should be created by or pursuant to the Loan Agreement or any other Security Finance Document, each as amended and supplemented by this Third Supplemental Agreement; , and (b) implementing the terms and provisions of this Third Supplemental Agreement.

Appears in 1 contract

Samples: Third Supplemental Agreement (DryShips Inc.)

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