Common use of Unrest Clause in Contracts

Unrest. the Flag State becomes involved in hostilities or civil war or there is a seizure of power in the Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or

Appears in 7 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Unrest. the any Flag State becomes involved in hostilities or civil war or there is a seizure of power in the any Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or

Appears in 5 contracts

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Unrest. any of the Flag State States becomes involved in hostilities or civil war or there is a seizure of power in any of the Flag State States by unconstitutional means if, in any such case, such event could in the opinion of the Bank Banks and/or the Agent reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or

Appears in 5 contracts

Samples: Facilities Agreement (Aries Maritime Transport LTD), Facility Agreement (Aries Maritime Transport LTD), Facilities Agreement (Omega Navigation Enterprises, Inc.)

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Unrest. the Flag State becomes involved in hostilities or civil war or there is a seizure of power in the Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documentsmeans; or

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

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