Common use of Actions following an Event of Default Clause in Contracts

Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default the Agent may, and if so instructed by the Majority Lenders, the Agent shall:

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

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Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default Default: the Agent may, and if so instructed by the Majority Lenders, the Agent shall:

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default the Agent may, and if so instructed by the Majority Lenders, the Agent shallshall with the prior consent of SACE:

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Actions following an Event of Default. On, or On and at any time after, after the occurrence of an Event of Default the Agent may, and shall if so instructed directed by the Majority Lenders, by written notice to the Agent shallBorrowers:

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Actions following an Event of Default. On, or If at any time after, the occurrence of an Event of Default shall have occurred and be continuing, the Agent maymay and, and if so instructed by the Majority Lenders, the Agent shall:

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

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Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default the Agent mayshall at the request, and if so instructed by or may with the consent, of the Majority Lenders, the Agent shall:

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Actions following an Event of Default. On, or On and at any time after, after the occurrence of an Event of Default the Agent may, and shall if so instructed directed by the Majority Lenders, by written notice to the Agent shallBorrower:

Appears in 1 contract

Samples: Execution Version (Navios Maritime Containers Inc.)

Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default the Facility Agent may, and if so instructed by upon the instruction of the Majority Lenders, the Agent shall:

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

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