Common use of Acceleration and enforcement of security Clause in Contracts

Acceleration and enforcement of security. Neither the Agent or any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 3 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd., Navigator Holdings Ltd.

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Acceleration and enforcement of security. Neither the Agent nor the Security Agent or any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 29 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 2 contracts

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

Acceleration and enforcement of security. Neither the Agent nor the Security Agent or any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 2 contracts

Samples: Facility Agreement (Quintana Shipping Ltd.), DryShips Inc.

Acceleration and enforcement of security. Neither the Agent or nor the Security Agent nor any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 28 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

Acceleration and enforcement of security. Neither the Agent or any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 31 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

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Acceleration and enforcement of security. Neither the Agent or nor the Security Agent nor any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 29 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements or interests of the any Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 1 contract

Samples: Facility Agreement (Hoegh LNG Partners LP)

Acceleration and enforcement of security. Neither the Agent or nor the Security Agent nor any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 31 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements or interests of the any Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 1 contract

Samples: Navigator Holdings Ltd.

Acceleration and enforcement of security. Neither the Agent nor the Security Agent or any other beneficiary of the Security Documents shall be obliged, in connection with any action taken or proposed to be taken under or pursuant to clause 30 31 (Events of Default) or pursuant to the other Finance Documents, to have any regard to the requirements of the Hedging Provider except to the extent that the relevant Hedging Provider is also a Lender.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

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