Acceleration of Liabilities. On the service of a notice under Clause 13.2(b), all amounts accrued or owing from the Obligors or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Acceleration of Liabilities. On the service of a notice under Clause 13.2(b19.2(a)(ii), all amounts accrued or owing from the Obligors Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 3 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Acceleration of Liabilities. On the service of a notice under Clause 13.2(b19.2(a)19.2(a)(ii) (Actions following an Event of Default), the Loan, all accrued interest and all other amounts accrued or owing from the Obligors Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Acceleration of Liabilities. On the service of a notice under Clause 13.2(b19.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Obligors Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Acceleration of Liabilities. On the service of a notice under Clause 13.2(b16.2(a)(ii), all amounts accrued or owing from the Obligors or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 1 contract
Samples: Agreement (Euronav NV)
Acceleration of Liabilities. On the service of a notice under Clause 13.2(b19.2(a)(ii), the Loan, all accrued interest and all other amounts accrued or owing from the Obligors Borrowers or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.
Appears in 1 contract
