Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”: (a) a change in the Margin or in the definition of LIBOR; (b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement; (c) a change to any Lender’s Commitment; (d) an extension of the Availability Period; (e) a change to the definition of “Majority Lenders” or “Finance Documents”; (f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30; (g) a change to this Clause 27; (h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 2 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “"by the Agent on behalf of the Majority Lenders” " were replaced by the words “"by or on behalf of every Lender”Lender and the Swap Bank":
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s 's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “"Majority Lenders” " or “"Finance Documents”";
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any LenderXxxxxx’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change reduction in the Margin or in the definition of LIBOR;
(b) a change to an extension of the due date for, or a decrease in the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to an increase in any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Amending and Restating Agreement (TBS International PLC)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “"by the Agent on behalf of the Majority Lenders” " were replaced by the words “"by or on behalf of every Lender”":
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum sums payable under this Agreement;
(c) a change to any Lender’s 's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “"Majority Lenders” " or “"Finance Documents”";
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.111.17, 8.211.18, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and every Swap Bank”:
(a) a change in the Margin or in the definition of LIBORLIBOR or in the definition of Mandatory Cost Rate;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; andand 66
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and the Swap Bank”:
(a) a change in the applicable Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Xxxxxx's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 3029;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “"by the Agent on behalf of the Majority Lenders” " were replaced by the words “"by or on behalf of every Lender”Lender and the Swap Bank":
(a) a change in the applicable Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s 's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “"Majority Lenders” " or “"Finance Documents”";
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s 's consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 28.1 applies as if the words “by the Agent on behalf and with the consent of the Majority Lenders” were replaced by the words “by or on behalf and with the consent of every Lender”:
(a) a change in the definition of the Margin or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.16.1, 8.19.2, 8.212, 1713.4, 18, 19 19, 20 or 3031;
(g) a change to this Clause 2728;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 26.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability PeriodPeriod or Maturity Date;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 5.1,16,17 or 3029;
(g) a change to this Clause 2726;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf and with the consent of the Majority Lenders” were replaced by the words “by or on behalf and with the consent of every Lender”:
(a) a change in the definition of the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.211, 12.4, 15, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitmentthe Total Commitments;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(fe) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.29, 17, 18, 19 or 30;
(gf) a change to this Clause 27;
(hg) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(ih) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf and with the consent of the Majority Lenders” were replaced by the words “by or on behalf and with the consent of every Lender”:
(a) a change in the definition of the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.18.2, 8.211, 12.4, 15.1, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and the Swap Bank”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf and with the consent of the Majority Lenders” were replaced by the words “by or on behalf and with the consent of every Lender”:
(a) a change in the definition of the Margin or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.18.2, 8.211, 12.4, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.110.23, 8.211.23, 17, 18, 19 18 or 3031;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every LenderLender and every Swap Bank”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words “by the Agent on behalf of the Majority Lenders” were replaced by the words “by or on behalf of every Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to an extension of the due date for, or a decrease in the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to an increase in any Lender’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of “Majority Lenders” or “Finance Documents”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender’s consent is required.
Appears in 1 contract