Rescission of payments etc. Any discharge, release or reassignment by the Lender of any of the security constituted by, or any of the obligations of a Security Party contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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Samples: Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (Paragon Shipping Inc.)
Rescission of payments etc. Any discharge, release or reassignment by the Lender Bank of any of the security constituted by, or any of the obligations of a any Security Party contained in, a Finance Document any of the Security Documents shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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Samples: Loan Facility Agreement (Excel Maritime Carriers LTD), Loan Facility Agreement (Golar LNG LTD)
Rescission of payments etc. Any discharge, release or reassignment by the Lender a Finance Party of any of the security constituted by, or any of the obligations of a Security Party contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.,
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Samples: Loan Agreement
Rescission of payments etc. Any discharge, release or reassignment by the Lender a Finance Party of any of the security constituted by, or any of the obligations of a Security Party contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.. \P1\3549672.7
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Rescission of payments etc. Any discharge, release or reassignment by the Lender a Finance Party of any of the security constituted by, or any of the obligations of a Security Party contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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Rescission of payments etc. Any discharge, release or reassignment by the Lender of any of the security constituted by, or any of the obligations of a Security Party and/or the Bareboat Charterer contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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Rescission of payments etc. Any discharge, release or reassignment by the Lender a Creditor Party of any of the security constituted by, or any of the obligations of a Security Party contained in, a Finance Creditor Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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Samples: Loan Agreement (Danaos Corp)
Rescission of payments etc. Any discharge, release or reassignment by the Lender a Finance Party of any of the security constituted by, or any my of the obligations of a Security Party contained in, a Finance Document shall be (and be deemed always to have been) void if any act (including, without limitation, any payment) as a result of which such discharge, release or reassignment was given or made is subsequently wholly or partially rescinded or avoided by operation of any law.
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