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 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.)

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Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Creditors 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 5 contracts

Samples: Loan Agreement (Golar LNG LTD), Second Supplemental Agreement (Golar LNG Partners LP), Supplemental Agreement (Golar LNG LTD)

Waiver of conditions precedent. The conditions specified in this clause 5 6 are inserted solely for the benefit of the Creditors Agent and the 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 Creditors 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 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: Second Supplemental Agreement (DryShips Inc.), Supplemental Agreement (DryShips Inc.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Creditors 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: Loan Agreement (GasLog Partners LP), Second Supplemental Deed (GasLog Partners LP)

Waiver of conditions precedent. The conditions specified in this clause 5 6 are inserted solely for the benefit of the Creditors 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: Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Second 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 Creditors 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 Creditors 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.)

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Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Creditors Agent and the Lenders 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 1 contract

Samples: Supplemental Agreement (Navigator Holdings Ltd.)

Waiver of conditions precedent. The conditions specified in this clause Clause 5 are inserted solely for the benefit of the Creditors 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 1 contract

Samples: Supplemental Agreement (Paragon Shipping Inc.)

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

Appears in 1 contract

Samples: On Delivery Buyer Credit Facility Agreement (DryShips Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Teekay LNG Partners L.P.)

Waiver of conditions precedent. The conditions specified in this clause 5 are inserted solely for the benefit of the Creditors Agent and the 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.)

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