Common use of Binding Obligations Clause in Contracts

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 43 contracts

Samples: Loan Agreement (Globus Maritime LTD), Loan Agreement (Diana Shipping Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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Binding Obligations. the Underlying Documents and the Security Documents constitute or willDocuments, when executed, will constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 40 contracts

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

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 18 contracts

Samples: Agreement (Aegean Marine Petroleum Network Inc.), Agreement (FreeSeas Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

Binding Obligations. the Underlying Security Documents and the Security Underlying Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 8 contracts

Samples: Supplemental Agreement (Top Ships Inc.), Agreement (Top Tankers Inc.), Master Agreement (Capital Maritime & Trading Corp.)

Binding Obligations. the Underlying Documents and the Security Finance Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 3 contracts

Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.), Agreement (Omega Navigation Enterprises, Inc.)

Binding Obligations. the Underlying Security Documents and the Security Documents Management Agreements constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

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.)

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and valid, legally binding and enforceable obligations of the relevant Security Parties enforceable in accordance with their respective termsit;

Appears in 2 contracts

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

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant relevant. Security Parties enforceable in accordance with their respective terms;

Appears in 2 contracts

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

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Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties and HoldCo enforceable in accordance with their respective terms;

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and valid, legally binding and enforceable obligations of the relevant Security Parties enforceable in accordance with their respective termsParties;

Appears in 1 contract

Samples: Management Agreement (Golar LNG LTD)

Binding Obligations. the Underlying Documents and the Security Documents constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties Borrowers enforceable in accordance with their respective terms;

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Binding Obligations. the Underlying Transaction Documents and the Security Documents to which they are respectively a party constitute or will, when executed, constitute valid and legally binding obligations of the relevant Security Parties enforceable in accordance with their respective terms;

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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