Common use of Termination of Hedging Contracts by Borrowers Clause in Contracts

Termination of Hedging Contracts by Borrowers. Following the occurrence of an Event of Default, except with approval, the Borrowers shall not terminate or rescind any Hedging Contract or close out or unwind any Hedging Transaction for any reason whatsoever except in accordance with clause 27,2 (Unwinding of Hedging Contracts).

Appears in 3 contracts

Samples: Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Ltd.)

AutoNDA by SimpleDocs

Termination of Hedging Contracts by Borrowers. Following the occurrence of an Event of Default, except Except with approval, the Borrowers no Borrower shall not terminate or rescind any Hedging Contract or close out or unwind any Hedging Transaction for any reason whatsoever except in accordance with clause 27,2 30.2 (Unwinding of Hedging Contracts)) for any reason whatsoever.

Appears in 2 contracts

Samples: Navigator Holdings Ltd., Facility Agreement (Navigator Holdings Ltd.)

Termination of Hedging Contracts by Borrowers. Following the occurrence of an Event of Default, except 28.14 Except with approval, the Borrowers no Borrower shall not terminate or rescind any Hedging Contract or close out or unwind any Hedging Transaction for any reason whatsoever except in accordance with clause 27,2 28.10 (Unwinding of Hedging Contracts).) for any reason whatsoever. Performance of Hedging Contracts by Borrowers

Appears in 1 contract

Samples: Agreement (Globus Maritime LTD)

AutoNDA by SimpleDocs

Termination of Hedging Contracts by Borrowers. Following the occurrence of an Event of Default, except with approval, the Borrowers shall not terminate or rescind any Hedging Contract or close out or unwind any Hedging Transaction for any reason whatsoever except in accordance with clause 27,2 27.2 (Unwinding of Hedging Contracts).

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.