Common use of Waiver of Borrowers’ rights Clause in Contracts

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):

Appears in 27 contracts

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

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Waiver of Borrowers’ rights. Each The Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank:

Appears in 6 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Freeseas Inc.), Loan Agreement (Globus Maritime LTD)

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and/or the Master Swap Agreement and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank:

Appears in 6 contracts

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

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):

Appears in 3 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (Golden Energy Marine Corp.)

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank:

Appears in 3 contracts

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

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under the any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank:

Appears in 2 contracts

Samples: Supplemental Agreement, Supplemental Agreement (Gala Properties Inc.)

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstandingFacility is available, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank:

Appears in 2 contracts

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

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority BanksLenders):

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

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Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Finance Parties that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Facility Agent:

Appears in 1 contract

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

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor the Bank that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and/or the Master Swap Agreement and while all or any part of the Total Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Bank;

Appears in 1 contract

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

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment or the Facility Commitment remains outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):

Appears in 1 contract

Samples: Costamare Inc.

Waiver of Borrowers’ rights. Each Borrower agrees with each Creditor of the Finance Parties that, from the date of this Agreement and so long as any moneys are owing under any of the Security Documents and while all or any part of the Total Commitment remains Commitments remain outstanding, it will not, without the prior written consent of the Agent (acting on the instructions of the Majority Banks):Facility Agent:

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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