Common use of Termination of Obligations Clause in Contracts

Termination of Obligations. On the service of a notice under Clause 10.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 7 contracts

Samples: Agreement (Golar LNG LTD), Agreement (Exmar Energy Partners LP), Purchase, Sale and Contribution Agreement (Golar LNG Partners LP)

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Termination of Obligations. On the service of a notice under Clause 10.2(a19.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 5 contracts

Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (General Maritime Corp / MI)

Termination of Obligations. On the service of a notice under Clause 10.2(a8.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 5 contracts

Samples: Fsru Lease Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Loan Agreement

Termination of Obligations. On the service of a notice under Clause 10.2(a18.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 4 contracts

Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Knightsbridge Tankers LTD)

Termination of Obligations. On the service of a notice under Clause 10.2(a18.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminatebe cancelled.

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (TBS International LTD)

Termination of Obligations. On the service of a notice under Clause 10.2(a11.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 2 contracts

Samples: Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)13.2, all the obligations of the Lender Lenders to the Borrower Borrowers under this Agreement shall terminate.

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)18.2, all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)15.2, the Commitment and all the liabilities and obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)

Termination of Obligations. On the service of a notice under Clause 10.2(a17.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Termination of Obligations. On the service of a notice under Clause 10.2(a19.2(a), all the obligations of the Lender to the Borrower Borrowers under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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Termination of Obligations. On the service of a notice under Clause 10.2(a13.2 (a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)19.2, all the obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)14.2, all the obligations of the Lender Lenders to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)17.2, all the obligations of the Lender Lenders to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Termination of Obligations. On the service of a notice under Clause 10.2(a18.2(a), all the obligations of the Lender to the Borrower Borrowers under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Termination of Obligations. On the service of a notice under Clause 10.2(a), all the obligations of the Lender to the Borrower under this Agreement shall terminate.this

Appears in 1 contract

Samples: Purchase, Sale and Contribution Agreement

Termination of Obligations. On the service of a notice under paragraph (a) of Clause 10.2(a)17.2, the Commitment and all the liabilities and obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

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