Common use of Consequences of Default Clause in Contracts

Consequences of Default. The Bank may without prejudice to any other rights of the Bank (which will continue to be in force concurrently with the following), at any time after the happening of an Event of Default:

Appears in 10 contracts

Samples: Agreement (Top Ships Inc.), Loan Agreement (FreeSeas Inc.), Agreement (NewLead Holdings Ltd.)

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Consequences of Default. (i) The Bank may without prejudice to any other rights of the Bank (which will continue to be in force concurrently with the following)Bank, at any time after the happening of an Event of Default:

Appears in 2 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

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Consequences of Default. The Bank may without prejudice to any other rights of the Bank (which will continue to be in force concurrently with the following), at any time after the happening of an Event of Default, which is continuing:

Appears in 1 contract

Samples: Loan Agreement (Costamare Inc.)

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