Common use of Currency Indemnity Clause in Contracts

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 56 contracts

Samples: Loan Agreement, Loan Agreement (Crude Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

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Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 24 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Box Ships Inc.), Loan Agreement (Star Cosmo Llc.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 16 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Agreement (Navios Maritime Containers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 14 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 14 contracts

Samples: Loan Agreement (EuroDry Ltd.), Credit Agreement (Scorpio Bulkers Inc.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 13 contracts

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

Currency Indemnity. If any sum due from the Borrower Borrowers or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 12 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 10 contracts

Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 10 contracts

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

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 9 contracts

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

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 8 contracts

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

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 6 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 6 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (TBS International PLC), Loan Agreement (Euroseas Ltd.)

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 5 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party an Obligor to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 5 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 4 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Star Bulk Management Inc.), Loan Agreement (Diana Shipping Inc.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 4 contracts

Samples: Agreement (TBS International LTD), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Pyxis Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 4 contracts

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

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the Contractual Currency) into another currency (the Payment Currency) for the purpose of:

Appears in 4 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Currency Indemnity. If any sum due from the Borrower Obligors or any Security Party to a Creditor Party the Issuer under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 3 contracts

Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 3 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Castor Maritime Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

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

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Management Inc.), Loan Agreement (DryShips Inc.)

Currency Indemnity. If any sum due from a Borrower to any of the Borrower or any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Pyxis Tankers Inc.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Mc Shipping Inc)

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Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Agreement (Diana Shipping Inc.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document 44 has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Currency Indemnity. If any sum due from the Borrower Obligors or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Agreement (Euronav NV)

Currency Indemnity. If any sum due from the Borrower or an Obligor to any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:: Index

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party Obligor to a Creditor Finance Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Management Agreement (Pacific Drilling S.A.)

Currency Indemnity. If any sum due from the Borrower or any Security Party or any Approved Manager to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party an Obligor to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Cruises S. DE R.L.)

Currency Indemnity. If any sum due from an Obligor to any of the Borrower or any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party or K-Sure under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

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