Common use of Environment Clause in Contracts

Environment. any Borrower and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 9 contracts

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

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Environment. any the Borrower and/or any other Relevant Party and/or any of their respective its Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental ClaimClaim if, in any such case, such non-compliance or incident or the consequences thereof could, in the opinion of the Bank, reasonably be expected to have a material adverse effect on the business, assets, operations, property or financial condition of the Borrower or any other Security Party or on the security constituted by any of the Security Documents; or

Appears in 6 contracts

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

Environment. any either Borrower and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any either of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Master Swap Agreement (Quintana Shipping Ltd.)

Environment. any either Borrower and/or any other Relevant Party and/or any of their respective Environmental Affiliates Security Party fails to comply with any Environmental Law or any Environmental Approval or any either of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 2 contracts

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

Environment. any the Borrower and/or any other Relevant Party and/or any of their respective Environmental Affiliates Security Party fails to comply with any Environmental Law or any Environmental Approval or any of the Ships Ship or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 2 contracts

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

Environment. any Borrower and/or the Owner and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 2 contracts

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

Environment. any Borrower and/or the Naxos Owner and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 1 contract

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

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Environment. any Borrower and/or the Xxxxxx Owner and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 1 contract

Samples: Agreement (Aegean Marine Petroleum Network Inc.)

Environment. any Borrower Security Party and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Environment. any Borrower Owner and/or any other Relevant Party and/or any of their respective Environmental Affiliates fails to comply with any Environmental Law or any Environmental Approval or any of the Ships or any other Relevant Ship is involved in any incident which gives rise or may give rise to an Environmental Claim; or

Appears in 1 contract

Samples: Corporations and Companies (Aegean Marine Petroleum Network Inc.)

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