Common use of Benefit and Burden Clause in Contracts

Benefit and Burden. This Agreement shall be binding upon, and ensure for the benefit of, the Lender and the Borrower and their respective successors.

Appears in 10 contracts

Samples: Secured Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

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Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, the Lender Bank and the Borrower and their respective successors.

Appears in 9 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Benefit and Burden. This Agreement shall be binding upon, and ensure for the benefit of, the Lender Bank and the Borrower Borrowers and their respective successors.

Appears in 6 contracts

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

Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, the Lender and the Borrower and their respective successors.

Appears in 4 contracts

Samples: Agreement (StealthGas Inc.), Agreement (StealthGas Inc.), www.lw.com

Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, each of the Lender Creditors and the Borrower and their respective successors.

Appears in 4 contracts

Samples: Facilities Agreement, Confidential (Golar LNG Partners LP), Management Agreement (Golar LNG LTD)

Benefit and Burden. This Agreement shall be binding upon, and ensure for the benefit of, the Lender Bank and the Borrower and their respective successors.

Appears in 4 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

Benefit and Burden. This Agreement shall be binding upon, and ensure for the benefit of, the Lender and the Borrower and their respective successorssuccessors in title.

Appears in 3 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.)

Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, the Lender Bank and the Borrower Borrowers and their respective successors.

Appears in 2 contracts

Samples: Supplemental Agreement (Gala Properties Inc.), Agreement (Top Tankers Inc.)

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Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, the Lender Banks and the Borrower and their respective successors.

Appears in 2 contracts

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

Benefit and Burden. This Agreement shall be binding upon, and ensure enure for the benefit of, the Lender and the Borrower Borrowers and their respective successorssuccessors in title.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

Benefit and Burden. This Agreement shall be binding upon, and ensure inure for the benefit of, the Lender and the Borrower and their respective successors.

Appears in 1 contract

Samples: Western Wireless Corp

Benefit and Burden. This Agreement shall be binding upon, and ensure for the benefit of, the Lender and the Borrower Borrowers and their respective successorssuccessors in title.

Appears in 1 contract

Samples: Agreement (EuroDry Ltd.)

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