Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation: (a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and (b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall: (i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or (ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 7 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25Clause, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or other Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party an Obligor or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 5 contracts
Samples: Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC), Credit Facilities Agreement (Amec PLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2514, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest an Encumbrance in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) 14.7.1 any charge, assignment or other Security Interest Encumbrance to secure obligations to a federal reserve or central bank; and
(b) if 14.7.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest Encumbrance granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest Encumbrance shall:
(ia) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest other Encumbrance for the Lender as a party to any of the Finance Documents; or
(iib) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 5 contracts
Samples: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Senior Secured Revolving Credit Facility Agreement, Secured Term Loan Facility Agreement
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2523, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security Security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(ic) release the a Lender from any of its obligations under the Finance Documents Document or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(iid) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 5 contracts
Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the that Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 5 contracts
Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.), Second Amending and Restating Deed (Global Ship Lease, Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2530 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 5 contracts
Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; ;
(c) except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 4 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 28, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bankbank or to a government authority, department or agency (including HM Treasury); and
(b) if in the case of any Lender which is a fund, fund any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party an Obligor or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 4 contracts
Samples: Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2514, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest an Encumbrance in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest Encumbrance to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest other Encumbrance for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2524, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest Encumbrances in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) 24.8.1 any charge, assignment or other Security Interest Encumbrance to secure obligations to a federal reserve or central bank; and
(b) if 24.8.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest Encumbrance granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest Encumbrance shall:
(ia) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest Encumbrance for the Lender as a party to any of the Finance Documents; or
(iib) require any payments to be made by the Borrower or any a Security Party other than or in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Secured Loan Agreement, Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (DHT Holdings, Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (GasLog Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Box Ships Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 21, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from from, the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 22, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the from, any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers L.P.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 30, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 3 contracts
Samples: Loan Agreement (Kosmos Energy Ltd.), Deed of Amendment and Restatement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2528 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyTransaction Obligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower a Transaction Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2524, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) 24.7.1 any charge, assignment or other Security Interest to secure obligations to any governmental authority or department, or to a federal reserve or central bank; and
(b) if 24.7.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(iA) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(iiB) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Facility Agreement (Hines Global REIT, Inc.), Facility Agreement (Hines Global REIT, Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2523 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i1) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii2) require any payments to be made by the Borrower other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi), Bridge and Term Facilities Agreement (Rentokil Initial PLC /Fi)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2522, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bankbank (including, without limitation, a United States Federal Reserve Bank); and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or other Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: $300,000,000 Ekn Supported Facility Agreement (Mobile Telesystems Ojsc), Facility Agreement (Mobile Telesystems Ojsc)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2521 (Changes to the lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender is a fundor SPV Lender, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; securities comprised in any Funding Source, except that no such charge, assignment or Security Interest shall:
(i1) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii2) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Term Facility Agreement (Rockley Photonics Holdings LTD), Support Letter (Rockley Photonics Holdings LTD)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the from, either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2527 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 32.7, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Partyan Obligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Facility Agreement (DryShips Inc.), Facility Agreement (Quintana Shipping Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2532 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the that Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25(a), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; andand 124 Project Meria: Senior Facilties Agreement
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or other Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Atlas Investissement), Senior Facilities Agreement (Atlas Investissement)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower Borrowers or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may may, without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Quintana Shipping Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2527, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Revolving Credit Facility (Sara Lee Corp), Revolving Credit Facility (D.E Master Blenders 1753 B.V.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lender(s) under this Clause 2520.2, the any Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the that Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Facility Agreement (Polestar Automotive Holding UK PLC), Facility Agreement (Polestar Automotive Holding UK PLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 26, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Partyan Obligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Secured Credit Facility Agreement, Secured Credit Facility Agreement (Seadrill Partners LLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from from, the Borrower or any other Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender Xxxxxx as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any other Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 2 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Partyan Obligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 38, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Deed of Amendment and Restatement (Kosmos Energy Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2528 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the such Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Castor Maritime Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from from, the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
: (i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
or (ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2525 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or other Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party an Obligor or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (Cascal N.V.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may may, without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25), the each Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25clause 23, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:: SIN-#2682702-v10 71
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may without consulting with or obtaining consent from the Borrower Borrowers or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; securities except that no such charge, assignment or Security Interest shall:
(i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower Borrowers or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25, 26 (Changes to the Lenders) each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) 26.9.1 any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if 26.9.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(iA) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(iiB) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 2520.5, the Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) 20.5.1 any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) 20.5.2 if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security Security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(ia) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(iib) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2518, the each Lender may without consulting with or obtaining consent from the Borrower Guarantor, the Company or any Security Partyother member of the Group, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or other Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower Guarantor, the Company or any Security Party other member of the Group or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Note Agreement (Weather Investments II S.a.r.l.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25Clause, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shallwill:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligors, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(: a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(and b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
: (i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
or (ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (Flex LNG Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligors, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
: (a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
and (b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
: (i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
or (ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (Flex LNG Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the from, either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
: (i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
or (ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2529 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyTransaction Obligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower a Transaction Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2528, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2524, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest Encumbrances in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) : 24.7.1 any charge, assignment or other Security Interest Encumbrance to secure obligations to a federal reserve or central bank; and
(b) if and 24.7.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest Encumbrance granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest Encumbrance shall:
: (ia) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest Encumbrance for the Lender as a party to any of the Finance Documents; or
or (iib) require any payments to be made by the Borrower or any a Security Party other than or in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Secured Loan Agreement (TORM PLC)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2528 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2514, the each Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest an Encumbrance in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:: 14.
(a) 7.1 any charge, assignment or other Security Interest Encumbrance to secure obligations to a federal reserve or central bank; andand 14.
(b) if 7.2 in the case of any Lender which is a fund, any charge, assignment or other Security Interest Encumbrance granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest Encumbrance shall:
: (ia) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest other Encumbrance for the Lender as a party to any of the Finance Documents; or
or (iib) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Secured Revolving Credit Facility Agreement (Teekay Corp)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2530, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a any Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(aA) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(bB) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (Kosmos Energy Ltd.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the from, any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) or require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the each Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) a. any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if b. in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) i. release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) . require any payments to be made by the each Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2527, the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time assign, charge, assign pledge or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(ai) any assignment, charge, assignment pledge or other Security Interest to secure obligations to a federal reserve or central bank; and
(bii) if in the case of any Lender which is a fund, any assignment, charge, assignment pledge or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such assignment, charge, assignment pledge or Security Interest shall:
(iA) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant assignment, charge, assignment pledge or Security Interest for the Lender as a party to any of the Finance Documents; or
(iiB) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Fifth Amendment Agreement (Kronos International Inc)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2522 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyBorrower, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Term Loan Facility (DryShips Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the from, a Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the a Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2531, the each Lender may without consulting with or obtaining consent from the either Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the either Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 25Clause, the each Lender may may, without consulting with or obtaining consent from the Borrower or any Security PartyCompany, at any time charge, assign or otherwise create a Security Interest Interests in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest Interests to secure obligations to a central bank or a federal reserve or central bankreserve; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest Interests granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest Interests shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest Interests for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower Company other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Samples: Second Supplemental Agreement (MGM Resorts International)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the each Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the each Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 2524, the Lender may without consulting with or obtaining consent from the Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; securities except that no such charge, assignment or Security Interest shall:
(i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2526, the each Lender may without consulting with or obtaining consent from the Borrower Borrowers or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower Borrowers or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender Lenders under this Clause 2531 (Changes to the Lenders), the each Lender may without consulting with or obtaining consent from the Borrower or any Security PartyObligor, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the that Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if in the case of any Lender which is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the that Lender as security for those obligations or securities; , except that no such charge, assignment or Security Interest shall:
(i) release the a Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
(ii) require any payments to be made by the Borrower an Obligor other than or any Security Party in excess of, or grant to any person any more extensive rights than than, those required to be made or granted to the relevant Lender under the Finance Documents.
Appears in 1 contract
Security over Lenders’ rights. In addition to the other rights provided to the Lender under this Clause 25, the Lender may without consulting with or obtaining consent from the any Borrower or any Security Party, at any time charge, assign or otherwise create a Security Interest in or over (whether by way of collateral or otherwise) all or any of its rights under any Finance Document to secure obligations of the Lender including, without limitation:
(a) any charge, assignment or other Security Interest to secure obligations to a federal reserve or central bank; and
(b) if the Lender is a fund, any charge, assignment or other Security Interest granted to any holders (or trustee or representatives of holders) of obligations owed, or securities issued, by the Lender as security for those obligations or securities; except that no such charge, assignment or Security Interest shall:
: (i) release the Lender from any of its obligations under the Finance Documents or substitute the beneficiary of the relevant charge, assignment or Security Interest for the Lender as a party to any of the Finance Documents; or
or (ii) require any payments to be made by the any Borrower or any Security Party or grant to any person any more extensive rights than those required to be made or granted to the Lender under the Finance Documents.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
