Common use of Variations to the Principal Agreement Clause in Contracts

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender contained in Clause 3, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

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Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Lenders and the Agent contained in Clause 33.1, the Borrower and the Corporate Guarantors hereby agrees jointly and severally agree with the Lender Creditors that (subject to the satisfaction of the conditions precedent contained in Clause 4)) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with With effect as from the Effective Date, Date the following new definitions shall be added to definition “Technical Manager” in Clause 1.2 (Definitions) of the Principal Agreement reading shall be amended to read as follows:

Appears in 1 contract

Samples: Fifth Supplemental Agreement (Costamare Inc.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Bank contained in Clause 33.1, the Borrower Borrowers and the New Corporate Guarantor hereby agrees jointly and severally agree with the Lender Bank that (subject to the satisfaction of the conditions precedent contained in Clause 4), ) with effect from the Effective Date: a. the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, (i) the following new definitions shall be added to in alphabetical order in Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: First Supplemental Agreement (Costamare Inc.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender contained in Clause 3, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to of Clause 1.2 (Definitions) of the Principal Agreement reading shall be amended to read as follows:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Bank contained in Clause 33.1, the Borrower and the Corporate Guarantor hereby agrees jointly and severally agree with the Lender Bank that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with 5.1 With effect as from the Effective Date, Date the following new definitions shall be added to inserted in Clause 1.2 (Definitions) of the Principal Agreement reading in alphabetical order to read as follows:

Appears in 1 contract

Samples: Second Supplemental Agreement (NewLead Holdings Ltd.)

Variations to the Principal Agreement. 5.1 In consideration of 4.1 The Lender and the agreement of the Lender contained in Clause 3, the Borrower Borrowers hereby agrees with the Lender agree that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to inserted in Clause 1.2 (Definitions) of the Principal Agreement reading as followsAgreement:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the 3.1 The Lender contained in Clause 3, and the Borrower hereby agrees agree that with effect from the Lender that date hereof Clause 6.1 (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions n) (Shareholdings) of the Principal Agreement shall be varied and/or amended and/or supplemented to read as follows: a. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender contained in Clause 3, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 4), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Bank contained in Clause 33.1, the Borrower and the New Corporate Guarantor hereby agrees jointly and severally agree with the Lender Bank that (subject to the satisfaction of the conditions precedent contained in Clause 4), ) with effect from the Effective Date: a. the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, (i) the following new definitions shall be added to in alphabetical order in Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

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Variations to the Principal Agreement. 5.1 a. In consideration of the agreement of the Lender contained in Clause 34, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 45), the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. b. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Third Supplemental Agreement (Seanergy Maritime Holdings Corp.)

Variations to the Principal Agreement. 5.1 6.1 In consideration of the agreement of the Lender contained in Clause 34, the Borrower hereby agrees with the Lender that (subject to the satisfaction of the conditions precedent contained in Clause 4)5, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to Clause 1.2 (Definitions) of the Principal Agreement reading as follows:

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Lenders and the Agent contained in Clause 33.1, the Borrower and the Corporate Guarantors hereby agrees jointly and severally agree with the Lender Creditors that (subject to the satisfaction of the conditions precedent contained in Clause 4)) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, the following new definitions shall be added to The definition “Insurances” in Clause 1.2 (Definitions) of the Principal Agreement reading shall be amended to read as follows:

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Lenders and the Agent contained in Clause 33.1, the Borrower and the Corporate Guarantors hereby agrees jointly and severally agree with the Lender Creditors that (subject to the satisfaction of the conditions precedent contained in Clause 4)) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from The opening paragraph of the Effective Date, the following new definitions shall be added to definition “Ships” in Clause 1.2 (Definitions) of the Principal Agreement reading shall be amended to read as follows:

Appears in 1 contract

Samples: Loan Agreement (Costamare Inc.)

Variations to the Principal Agreement. 5.1 In consideration of the agreement of the Lender Lenders and the Agent contained in Clause 3, the Borrower and the Corporate Guarantors hereby agrees jointly and severally agree with the Lender Creditors that (subject to the satisfaction of the conditions precedent contained in Clause 4)) with effect from the Effective Date, the provisions of the Principal Agreement shall be varied and/or amended and/or supplemented as follows: a. with effect as from the Effective Date, by inserting the following new definitions shall be added to Clause definition in clause 1.2 (Definitions) of the Principal Agreement reading as followsAgreement:

Appears in 1 contract

Samples: Seventh Supplemental Agreement (Costamare Inc.)

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