Common use of Securitisation Clause in Contracts

Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, but after giving 45-day notice to, the Borrower or any Security Party or any charterer. The Borrowers will assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 4 contracts

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

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Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, the Borrowers or any Security Party (but after giving 45-day notice to, to the Borrower or any Security Party or any chartererBorrowers). The Borrowers will assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)

Securitisation. A The Lender may include all or any part of the Loan in a securitisation (or similar transaction transaction) without the consent of, or consultation with, but after giving 4530-day notice to, to the Borrower or any Security Party or any chartererBorrower. The Borrowers Borrower will assist the Lenders Lender as necessary to achieve a successful securitisation (or similar transaction) Provided provided that the Borrowers Borrower shall not be required to bear any third party costs related to any such securitisation (or similar transaction) and need only provide any such information which any third parties may reasonably requestrequire.

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, but after giving 4530-day notice to, the Borrower or any Security Party or any chartererParty. The Borrowers will assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Acquisition CORP)

Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, but after prior consultation with the Borrowers and the Corporate Guarantor, and after giving 45-day 30 days’ notice to, to the Borrower or any Borrowers and each Security Party or any chartererParty. The Borrowers will (and will procure that the Corporate Guarantor) assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, but after giving 45-day notice to, the Borrower or any Security Party or any chartererParty. The Borrowers will assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Acquisition CORP)

Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without after consultation with the consent of, or consultation withBorrower and the Corporate Guarantor, but after giving 45-day notice to, the Borrower or any Security Party or any chartererParty. The Borrowers Borrower will assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers Borrower shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 1 contract

Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Acquisition CORP)

Securitisation. A Lender may include all or any part of the Loan in a securitisation or similar transaction without the consent of, or consultation with, but after giving 4530-day notice to, the Borrower or any Security Party or any chartererParty. The Borrowers will (and will procure that the Corporate Guarantor) assist the Lenders as necessary to achieve a successful securitisation (or similar transaction) Provided that the Borrowers shall not be required to bear any third party costs related to any such securitisation and need only provide such information which any third parties may reasonably request.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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