BAIL-IN. Notwithstanding any other term of any Finance Document or any other agreement, arrangement or understanding between the parties to Finance Document, each Party acknowledges and accepts that any liability of any party to a Finance Document under or in connection with the Finance Documents may be subject to Bail-In Action by the relevant Resolution Authority and acknowledges and accepts to be bound by the effect of:
Appears in 3 contracts
Sources: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Term Loan Facility (Diana Shipping Inc.)
BAIL-IN. Notwithstanding any other term of any Finance Document or any other agreement, arrangement or understanding between the parties to a Finance Document, each Party acknowledges and accepts that any liability of any party to a Finance Document under or in connection with the Finance Documents may be subject to Bail-In Action by the relevant Resolution Authority and acknowledges and accepts to be bound by the effect of:
Appears in 3 contracts
Sources: Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Scorpio Tankers Inc.)
BAIL-IN. Notwithstanding any other term of any Finance Document or any other agreement, arrangement or understanding between the parties to a Finance Document, each Party acknowledges and accepts that any liability of any party to a Finance Document under or in connection with the Finance Documents may be subject to Bail-In Action by the relevant Resolution Authority and acknowledges and accepts to be bound by the effect of:
(a) any Bail-In Action in relation to any such liability, including (without limitation):
Appears in 2 contracts
Sources: Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Taylor Maritime Investments LTD)