Common use of Terms of further assurances Clause in Contracts

Terms of further assurances. The Facility Agent (acting on the instructions of the Majority Lenders) may specify the terms of any document to be executed by the Borrower or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent (acting on the instructions of the Majority Lenders) may require.

Appears in 2 contracts

Samples: Supplemental Agreement, First Supplemental Agreement (Global Ship Lease, Inc.)

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Terms of further assurances. The Facility Agent (acting on the instructions of the Majority Lenders) may specify the terms of any document to be executed by the Borrower Borrowers or the Guarantor or the Shareholder under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent (acting on the instructions of the Majority Lenders) may requireconsiders appropriate to protect its interests.

Appears in 1 contract

Samples: First Supplemental Agreement (Global Ship Lease, Inc.)

Terms of further assurances. The Facility Agent (acting on the instructions of the Majority Lenders) may specify the terms of any document to be executed by the Borrower Borrowers or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent (acting on considers appropriate to protect its interests and the instructions interests of the Majority Lenders) may requireFinance Parties.

Appears in 1 contract

Samples: Supplemental Agreement (DryShips Inc.)

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Terms of further assurances. The Facility Agent (acting on the instructions of the Majority Lenders) may specify the terms of any document to be executed by the Borrower Borrowers or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent (acting on the instructions of the Majority Lenders) may requireconsiders appropriate to protect its interests.

Appears in 1 contract

Samples: Supplemental Agreement (DryShips Inc.)

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