Common use of Repudiation Clause in Contracts

Repudiation. any Security Party repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 113 contracts

Samples: Facility Agreement (Euroseas Ltd.), Loan Agreement (Pyxis Tankers Inc.), Facility Agreement (EuroDry Ltd.)

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Repudiation. any Any Security Party repudiates any of the Security Documents Facility Document or Project Document to which it is a party or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documentssuch Facility Document or Project Document other than any repudiation to which clause 6.5 applies; or

Appears in 6 contracts

Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)

Repudiation. any A Security Party or any other person (except the Lender) repudiates any of the Relevant Documents to which that Security Documents Party or does person is a party or causes or permits to be done any act or thing evidencing evidences an intention to repudiate any of the Security Documents; ordo so.

Appears in 4 contracts

Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Secured Loan Agreement (DryShips Inc.)

Repudiation. any Security Party repudiates any of the Security Finance Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Finance Documents; or

Appears in 3 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), On Delivery Facility Agreement (Paragon Shipping Inc.), On Delivery Buyer Credit Facility Agreement (DryShips Inc.)

Repudiation. any Security Party (other than any Manager) repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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Repudiation. any Security Party repudiates any of the Security Documents or any of the Transaction Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents or any of the Transaction Documents; or

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Repudiation. any Security Party repudiates any of the Security Documents or any of the Underlying Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents or any of the Underlying Documents; or

Appears in 1 contract

Samples: Loan Agreement (Top Tankers Inc.)

Repudiation. any Security Party or HoldCo repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

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