Common use of Variations, waivers etc. by Lender Clause in Contracts

Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or the Lender’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the Borrower and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

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Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or the Lender’s 's rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the Borrower and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 3 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or any of the Lender’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by faxfax or telex, by the Borrower and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or the Lender’s 's rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the Borrower Borrowers and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or any of the Lender’s 's rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by faxfax or telex, by the Borrower Borrowers and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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Variations, waivers etc. by Lender. Subject to Clause 26.2, 26.2 a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or the Lender’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the Borrower and by the Lender and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Variations, waivers etc. by Lender. Subject to Clause 26.2, a document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or the Lender’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by faxfax or telex, by the Borrower and Borrowers, by the Lender Lender, and, if the document relates to a Finance Document to which a Security Party is party, by that Security Party.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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