Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent in whole or in part and with or without conditions only with the consent of the Majority Lenders.
Appears in 28 contracts
Samples: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.), Facility Agreement
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders Banks and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part and with or without conditions only with the consent of the Majority Lendersconditions.
Appears in 27 contracts
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders Banks and may be waived by the Agent in whole or in part and with or without conditions only with the consent of the Majority Lendersconditions.
Appears in 3 contracts
Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (Capital Maritime & Trading Corp.)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent in whole or in part and with or without conditions only with the consent of the Majority Lenders.
Appears in 3 contracts
Samples: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)
Waiver of conditions precedent. The conditions specified in this clause Clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent (acting on the instructions of the Majority Lenders) in whole or in part and with or without conditions only with the consent of the Majority Lendersconditions.
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders Creditors and may be waived by the Facility Agent (acting on the instructions of all the Lenders) in whole or in part and with or without conditions only with the consent of the Majority Lendersconditions.
Appears in 2 contracts
Samples: Facilities Agreement, Loan Agreement (Golar LNG Partners LP)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent (acting on the instructions of all the Lenders) in whole or in part and with or without conditions only with the consent of the Majority Lendersconditions.
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Waiver of conditions precedent. The conditions specified in this clause 9 2 are inserted solely for the benefit of the Lenders and may be waived by the Agent on their behalf in whole or in part part, and with or without conditions only with conditions, by the consent Facility Agent, acting on the instructions of the Majority Lenders.
Appears in 1 contract
Samples: Facility Agreement (Txu Corp /Tx/)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent on their behalf in whole or in part and with or without conditions only with by the consent Facility Agent acting on the instructions of the Majority LendersLenders in respect of the first or any Advance without prejudicing the right of the Facility Agent acting on such instructions to require fulfilment of such conditions in whole or in part in respect of any other Advance.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent on their behalf in whole or in part and with or without conditions only with by the consent of the Majority LendersAgent.
Appears in 1 contract
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent on their behalf in whole or in part and with or without conditions only with by the consent Agent acting on the instructions of the Majority Lenders (or in the case of any waiver in relation to the execution of any of the Security Documents, all the Lenders) in respect of the first or any other Advance without prejudicing the right of the Agent acting on such instructions to require fulfilment of such conditions in whole or in part in respect of any other Advance.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Waiver of conditions precedent. The conditions specified in this clause 9 are inserted solely for the benefit of the Lenders and may be waived by the Agent on their behalf in whole or in part and with or without conditions only with by the consent Facility Agent acting on the instructions of the Majority Lenders (or in the case of any waiver in relation to the execution of any of the Security Documents, all the Lenders) in respect of the first or any other Advance without prejudicing the right of the Facility Agent acting on such instructions to require fulfilment of such conditions in whole or in part in respect of any other Advance.
Appears in 1 contract
