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 Facility Agent 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 (DryShips 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 Facility Agent intended should be created by or pursuant to the Loan ban 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 1 contract

Samples: First Supplemental Agreement (DryShips Inc.)

Purposes of further assurances. Those purposes are: (a) validly and effectively effective to create any Encumbrance or right of any kind which the Facility Agent 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 (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 Facility Agent 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 Supplemental Agreement, Deed or by the relevant Mortgage Addendum; and (b) implementing the terms and provisions of this Supplemental AgreementDeed.

Appears in 1 contract

Samples: Deed of Amendment and Restatement (Capital Product Partners L.P.)

Purposes of further assurances. Those purposes are: (a) validly and effectively to create any Encumbrance Security Interest or right of any kind which the Facility Agent 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 Second Supplemental Agreement, ; and (b) implementing the terms and provisions of this Second Supplemental Agreement.

Appears in 1 contract

Samples: Second Supplemental Agreement (Poseidon Containers Holdings Corp.)

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

Appears in 1 contract

Samples: Amending and Restating Agreement (Safe Bulkers, 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 Facility Agent 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 Supplemental Agreement, or by the relevant Mortgage Amendment; and (b) implementing the terms and provisions of this Supplemental Agreement.

Appears in 1 contract

Samples: Amending and Restating Agreement (DryShips Inc.)

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