Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a Lender, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand: (a) refund the sum in full to the Agent; and (b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 42 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (EuroDry Ltd.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrowers or a Lender, without first having received that sum, the Borrower Borrowers or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 18 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or the Swap Bank, without first having received that sum, the Borrower or (as the case may be) the Lender or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 17 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 17 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a Lender, without first having received that sum, the that Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 9 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 7 contracts
Samples: Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or a Swap Counterparty, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 6 contracts
Samples: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or a Swap Bank, without first having received that sum, the Borrower or (as the case may be) the Lender or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 5 contracts
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a Lender, Lender without first having received that sum, the that Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 3 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Castor Maritime Inc.), Loan Agreement (Castor Maritime Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a Lender, without first having received that sum, the Borrower concerned or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or the Swap Bank, without first having received that sum, the Borrower or (as the case may be) the Lender concerned or the Swap Bank shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 3 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (StealthGas Inc.), Loan Agreement (Star Bulk Carriers Corp.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a Lender, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 3 contracts
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.), Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrowers or a Lender, without first having received that sum, the Borrower Borrowers or the Lender concerned (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a Lender, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Mc Shipping Inc)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the either Borrower or a Lender, without first having received that sum, the that Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or a Swap Counterparty, without first having received that sum and subsequently does not receive that sum, the Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Amending and Restating Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender concerned or the Swap Bank shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or either Swap Bank, without first having received that sum, the Borrower or (as the case may be) the Lender concerned or that Swap Bank shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 2 contracts
Samples: Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the Issuing Bank or the Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender other party concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the either Borrower or a LenderLender or a Swap Counterparty, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a Lender, without first having received that sum, the Borrower Borrowers or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a Borrower, a Lender, without first having received that sum, the Borrower or (as the case may be) , the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower a Borrower, a Lender or a LenderSwap Counterparty, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrower, a Lender or a Lender, Swap Bank without first having received that sum, the Borrower or (as the case may be) the Lender or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrower, the Issuing Bank or a Lender, without first having received that sum, the Borrower Borrower, the Issuing Bank or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a LenderLender or a Swap Bank, without first having received that sum, the Borrower or (as the case may be) the that Lender or that Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or Borrower, a Lender, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the any Borrower or a LenderLender or a Swap Counterparty, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) a. refund the sum in full to the Agent; and
(b) b. pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrowers or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower Borrowers or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum sums available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrowers or a LenderLender or a Swap Bank, without first having received that sum, the Borrower Borrowers or (as the case may be) the Lender concerned or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or Borrower, a Lender, without first having received that sum, the Borrower or (as the case may be) , the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender other party concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrower, or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower or the Lender concerned or (as the case may be) the Lender Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (GasLog Partners LP)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrower, a Lender or a Lenderswap Bank, without first having received that sum, the Borrower or (as the case may be) the Lender or Swap Bank concerned shall, on the Agent’s written demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the a Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender or the that Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Obligors, the Issuing Bank or a LenderBank, without first having received that sum, the Borrower Obligors, the Issuing Bank or the Bank concerned (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower an Obligor or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower that Obligor or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or Borrower, a Lender, or the Guarantee Issuer without first having received that sum, the Borrower or (as the case may be) the Lender or the Guarantee Issuer concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrowers or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower Borrowers or (as the case may be) the Lender or the Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower Borrower, or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand:having
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower a Borrower, or a LenderLender or a Swap Counterparty, without first having received that sum, the Borrower or the Lender concerned or (as the case may be) the Lender Swap Counterparty concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the a Borrower or a LenderLender or the Swap Bank, without first having received that sum, the that Borrower or (as the case may be) the Lender or the Swap Bank concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum available before receiving it.
16.8 Agent may assume receipt
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Refund to Agent of monies not received. If and to the extent that the Agent makes available a sum to the Borrower or a Lender, without first having received that sum, the Borrower or (as the case may be) the Lender concerned shall, on demand:
(a) refund the sum in full to the Agent; and
(b) pay to the Agent the amount (as certified by the Agent) which will indemnify the Agent against any funding or other loss, liability or expense incurred by the Agent as a result of making the sum sums available before receiving it.
Appears in 1 contract