Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller and the relevant Borrower respectively in accordance with its terms subject to any relevant insolvency laws attaching creditors’ rights generally and:
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller and the relevant Borrower Obligor respectively in accordance with its terms subject to any relevant insolvency laws attaching affecting creditors’ rights generally and:
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Validity and completeness of Shipbuilding Contracts. Each of the Shipbuilding Contract Contracts constitutes valid, binding and enforceable obligations of the Seller and the relevant Borrower respectively which is party to it in accordance with its terms subject to any relevant insolvency laws attaching creditors’ rights generally terms; and:
Appears in 2 contracts
Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)
Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller and the relevant Borrower parties thereto respectively in accordance with its terms subject to any relevant insolvency laws attaching creditors’ rights generally terms; and:
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller Builder and the relevant Borrower respectively in accordance with its terms subject terms, and: (a) the copy of each Shipbuilding Contract delivered to the Lenders before the date of this Agreement is a true and complete copy; and (b) no further amendments or additions to any relevant insolvency laws attaching creditors’ Shipbuilding Contract have been agreed nor has the Borrower or the Builder waived any of their respective rights generally and:under any Shipbuilding Contract. 11.21
Appears in 1 contract
Samples: Euronav NV
Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller Builder and the relevant Borrower respectively in accordance with its terms subject to any relevant insolvency laws attaching creditors’ rights generally terms; and:
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Validity and completeness of Shipbuilding Contracts. Each Shipbuilding Contract constitutes valid, binding and enforceable obligations of the Seller Builder and the relevant Borrower respectively in accordance with its terms subject to any relevant insolvency laws attaching creditors’ rights generally terms; and:
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)