Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 63 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Agreement (Navios Maritime Acquisition CORP)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 52 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 43 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 26 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 22 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 20 contracts
Samples: Loan Agreement (Castor Maritime Inc.), Agreement (Diana Shipping Inc.), Loan Agreement (Euroseas Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2122, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 14 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2122, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 14 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 9 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 8 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower or any of the Guarantors to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 6 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower to the Facility Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement
Sums deemed due to a Lender. For the purposes of this Clause 2121 (Indemnities), a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 4 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Sums deemed due to a Lender. For the purposes of this Clause 2122, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2120, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2120, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 3 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP), Loan Agreement (GasLog Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the a Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 3 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower to the Facility Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 3 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Sums deemed due to a Lender. For the purposes of this Clause 2121 (Indemnities), a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Castor Maritime Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that LenderLender save in the case of manifest error.
Appears in 2 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower and/or the Guarantor to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2125 (Set-Off), a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
Sums deemed due to a Lender. For the purposes of this Clause 2125 (Set-off), a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower Borrowers or any of the Guarantors to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2120 (Indemnities), a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 2 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the a Borrower to the Facility Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers or any of them to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Facility Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of the Lenders shall be treated as a sum due to such Lender.
Appears in 2 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender ,shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Sums deemed due to a Lender. For the purposes of this Clause 2120, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2127, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2121 (Indemnities), a sum payable by the Borrower Borrowers to the Agent or the Security Trustee Agent for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower Borrowers or any of them to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2119, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the that Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Agreement (Scorpio Bulkers Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the either Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Agreement (Scorpio Tankers Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 21, 21 a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2124, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Sums deemed due to a Lender. For the purposes of this Clause 21Section 22, a sum payable by the Borrower Borrowers to the Administrative Agent or the Security Trustee Agent for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that LenderLender save in the case of manifest error.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 21, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.. 22NO SET-OFF OR TAX DEDUCTION
Appears in 1 contract
Samples: Loan Agreement
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers and/or the Guarantor to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2130, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2125 (Set-Off), a sum payable by the Borrower any Obligor to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Sums deemed due to a Lender. For the purposes of this Clause 2125 (Set-Off/Bail-In), a sum payable by the Borrower Borrowers to the Agent or the Security Trustee Agent for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2123, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Sums deemed due to a Lender. For the purposes of this Clause 2124, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2125 (Set-Off), a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2125, a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Xxxxxx; and each Lender’s proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2121 (Indemnities), a sum payable by the Borrower Obligors to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Sums deemed due to a Lender. For the purposes of this Clause 21, 26 a sum payable by the Borrower Borrowers to the Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that Lender.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Sums deemed due to a Lender. For the purposes of this Clause 2122, a sum payable by the Borrower to the Agent, the Paying Agent or the Security Trustee for distribution to a Lender shall be treated as a sum due to that LenderLender save in the case of manifest error.
Appears in 1 contract
Sums deemed due to a Lender. For the purposes of this Clause 2126, a sum payable by the Borrower to the Agent or the Security Trustee for distribution to to, or for the account of, a Lender shall be treated as a sum due to that Lender; and each Lender's proportion of a sum so payable for distribution to, or for the account of, the Lenders shall be treated as a sum due to such Lender.
Appears in 1 contract
