Common use of Waiver of conditions precedent Clause in Contracts

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 9 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Second Supplemental Agreement (Poseidon Containers Holdings Corp.), Sixth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

AutoNDA by SimpleDocs

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent Creditors and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 6 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (DryShips Inc.)

Waiver of conditions precedent. The conditions specified in this clause 5 6 are inserted solely for the benefit of the Banks Agent and the Agent Banks and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 3 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent Finance Parties and may be waived by the Agent (acting on the instructions of the Majority BanksLenders) in whole or in part with or without conditions.

Appears in 2 contracts

Samples: GasLog Partners LP, GasLog Partners LP

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks Lenders and the Agent and may be waived by the Agent (acting on the instructions of the Majority BanksLenders) in whole or in part with or without conditions.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Paragon Shipping Inc.), Supplemental Agreement (Paragon Shipping Inc.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent Creditor Parties and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 2 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent Creditors and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 2 contracts

Samples: Supplemental Agreement (DryShips Inc.), Supplemental Agreement (DryShips Inc.)

AutoNDA by SimpleDocs

Waiver of conditions precedent. The conditions specified in this clause 5 6 are inserted solely for the benefit of the Banks and the Agent and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 2 contracts

Samples: Corporations and Companies (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Waiver of conditions precedent. 5.3.1 The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks and the Agent and may be waived by the Agent (acting on the instructions of the Majority Banksall Banks who are a party to this Agreement) in whole or in part with or without conditions.

Appears in 1 contract

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

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Banks Agent and the Agent Banks and may be waived by the Agent (acting on the instructions of the Majority Banks) in whole or in part with or without conditions.

Appears in 1 contract

Samples: Third Supplemental Agreement (Quintana Shipping Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.