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Common use of Rights cumulative, non-exclusive Clause in Contracts

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party are: (a) cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 162 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

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Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party arethe Credit Parties: (a) are cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 3 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD), Loan Agreement (Oceanfreight Inc.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party are: (a) cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Deed of Amendment and Restatement (Capital Product Partners L.P.), Loan Agreement (Paragon Shipping Inc.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party areParty: (a) are cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (DryShips Inc.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Secured Party are: (a) cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party are: (a) : cumulative; (b) ; may be exercised as often as appears expedient; and (c) and shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Rights cumulative, non-exclusive. The rights and remedies which that the Finance Documents give to each Creditor Party arethe Credit Parties: (a) are cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Finance Party are: (a) cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Common Terms Agreement (Ultrapetrol Bahamas LTD)

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Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents or the Master Agreement give to each Creditor Party are: (a) cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document or the Master Agreement explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party are: (a) cumulative; (b) may be exercised as often as appears expedient; andand 126 ‌ SK 26945 0003 10902825 v6 (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

Rights cumulative, non-exclusive. The rights and remedies which the Finance Documents give to each Creditor Party are: (a) a. cumulative; (b) b. may be exercised as often as appears expedient; and (c) and c. shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any law.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Rights cumulative, non-exclusive. The rights and remedies which granted to the Credit Parties pursuant to the Finance Documents give to each Creditor Party areDocuments: (a) are cumulative; (b) may be exercised as often as appears expedient; and (c) shall not, unless a Finance Document explicitly and specifically states so, be taken to exclude or limit any right or remedy conferred by any applicable law.

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

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