Common use of Appointment of receivers and managers Clause in Contracts

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

Appears in 43 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

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Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Relevant Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Relevant Party; or

Appears in 17 contracts

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

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

Appears in 12 contracts

Samples: Facilities Agreement (Aries Maritime Transport LTD), Supplemental Agreement (Top Ships Inc.), Agreement (Aries Maritime Transport LTD)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other Restricted Company or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty or other Restricted Company; or

Appears in 10 contracts

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

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other Relevant Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party or other Relevant Party; or

Appears in 5 contracts

Samples: Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.), Agreement (Quintana Shipping Ltd.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (including the Supervisor prior to the Delivery Date only) or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty (including the Supervisor prior to the Delivery Date only); or

Appears in 4 contracts

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

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or Navios GP or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

Appears in 3 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Navios Maritime Partners L.P.

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (other than the Manager) or Navios GP or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty (other than the Manager); or

Appears in 3 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Agreement

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any material part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any substantial part of the assets of any Security Party; or

Appears in 3 contracts

Samples: Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.), Agreement (EuroDry Ltd.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other member of the Group or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty or other member of the Group; or

Appears in 3 contracts

Samples: Agreement (DryShips Inc.), Agreement (Diana Containerships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any other Relevant Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party or any other Relevant Party; or

Appears in 3 contracts

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

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance Security Interest over all or any part of the assets of any Security Party; or

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Seanergy Maritime Holdings Corp.

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other Relevant Party or any part of its assets and/or undertaking undertakings or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party or other Relevant Party; or

Appears in 2 contracts

Samples: Junior Loan Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (other than the Manager) or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty (other than the Manager); or

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), www.lw.com

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party is appointed anywhere or any material part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any material part of the assets of any Security Party; or

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Navios Maritime Partners L.P.

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any material part of its assets and/or undertaking or any other formal steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

Appears in 2 contracts

Samples: Gulfmark Offshore Inc, Agreement (Gulfmark Offshore Inc)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other Group Member or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty or other Group Member; or

Appears in 2 contracts

Samples: Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (except the Manager) or any other Relevant Party (except the Manager) or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty (except the Manager) or any other Relevant Party (except the Manager); or

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (other than any Manager) or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty (other than any Manager); or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or other Relevant Party or the Refund Guarantor or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty or other Relevant Party or the Refund Guarantor; or

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any material (in the Lender’s opinion) part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance Security Interest over all or any material (in the Lender’s opinion) part of the assets of any Security Party; or

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty ; or

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any Group Member or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyParty or any Group Member; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Partyundertakings; or

Appears in 1 contract

Samples: Loan Agreement (American Eagle Tankers Inc LTD)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any material part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any material part of the assets of any Security Party; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any material, in the opinion of the Lender, part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any material, in the opinion of the Lender, part of the assets of any Security Party; or

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party (other than the Manager) or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security PartyPart(other than the Manager) y; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any substantial part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any member of the Group or any other Security Party; or

Appears in 1 contract

Samples: Facility Agreement (Costamare Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party of the Borrowers and the Corporate Guarantor or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance Security Interest over all or any part of the assets of any such Security Party; or

Appears in 1 contract

Samples: Agreement (Imperial Petroleum Inc./Marshall Islands)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any material part of the assets of any Security Party; or

Appears in 1 contract

Samples: Facility Agreement (Pyxis Tankers Inc.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; oror 54 (J18-185622/C)

Appears in 1 contract

Samples: Agreement (Pangaea Logistics Solutions Ltd.)

Appointment of receivers and managers. any administrative or other receiver is appointed anywhere of any Security Party or any the whole or a substantial part of its assets and/or undertaking or any other steps are taken to enforce any Encumbrance over all or any part of the assets of any Security Party; or

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

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