Common use of Security Interests Enforceable Clause in Contracts

Security Interests Enforceable. any Security Interest (other than Permitted Security Interest) in respect of any of the property (or part thereof) which is the subject of any of the Finance Documents becomes enforceable; or

Appears in 4 contracts

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

AutoNDA by SimpleDocs

Security Interests Enforceable. any Security Interest (other than Permitted Security InterestInterests) in respect of any of the property (or part thereof) which is the subject of any of the Finance Documents becomes enforceable; or

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

AutoNDA by SimpleDocs

Security Interests Enforceable. any Security Interest (other than Permitted Security InterestInterests) in respect of any of the property (or a material (in the Lender’s opinion) part thereof) which is the subject of any of the Finance Documents becomes enforceable; or

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!