Common use of Exception Clause in Contracts

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 21 contracts

Samples: Loan Agreement (Mc Shipping Inc), Agreement (Aegean Marine Petroleum Network Inc.), Agreement (DryShips Inc.)

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Exception. Nothing in clause 12.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 19 contracts

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

Exception. Nothing in clause 12.2 shall entitle any the Bank to receive any amount in respect of relating to compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 11 contracts

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

Exception. Nothing in clause 12.2 Clause 12.3 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6Clause 5.3.

Appears in 9 contracts

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

Exception. Nothing in clause 12.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss (a) to the extent that the same is taken into account in calculating the Additional Cost or (b) to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 9 contracts

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

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.66.7.

Appears in 5 contracts

Samples: Facilities Agreement (Aries Maritime Transport LTD), Agreement (Aries Maritime Transport LTD), Facilities Agreement (Omega Navigation Enterprises, Inc.)

Exception. Nothing in clause 12.2 13.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss (a) to the extent that the same is taken into account in calculating the Additional Cost or (b) to the extent that the same is the subject of an additional payment under clause 6.67.6.

Appears in 3 contracts

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

Exception. Nothing in clause 12.2 12 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 3 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Agreement (Diana Containerships Inc.)

Exception. Nothing in clause 12.2 shall entitle any Notifying Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 2 contracts

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

Exception. Nothing in clause 12.2 shall entitle any a Bank or the Issuing Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 2 contracts

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

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same (a) is taken into account in calculating Mandatory Cost or (b) is the subject of an additional payment under clause 6.6.

Appears in 2 contracts

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

Exception. 12.3.1 Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 2 contracts

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

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional costcosts, reduction, payment, foregone payment or foregoing return or loss to the extent that the same is the subject of an additional payment under clause 6.66.7 or is taken into account in calculating the Additional Cost.

Appears in 2 contracts

Samples: Management Agreement (Golar LNG LTD), Management Agreement (Golar LNG LTD)

Exception. Nothing in clause 12.2 13.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is (a) taken into account in calculating the Additional Cost or (b) the subject of an additional payment under clause 6.67.6.

Appears in 2 contracts

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

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Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is (a) taken into account in calculating Mandatory Cost or (b) the subject of an additional payment under clause 6.6.

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

Exception. Nothing in clause 12.2 shall entitle any Bank or the Issuing Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 1 contract

Samples: Costamare Inc.

Exception. Nothing in clause 12.2 13.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss (a) to the extent that the same is taken into account in calculating the Additional Cost or (b) to the extent that the same is the subject of an additional payment under clause 6.6.7.6. 14 Security and set-off

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.66.6.1.

Appears in 1 contract

Samples: Loan Agreement (Capital Maritime & Trading Corp.)

Exception. Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is (a) taken into account in calculating the Mandatory Cost or (b) the subject of an additional payment under clause 6.6.

Appears in 1 contract

Samples: Agreement (FreeSeas Inc.)

Exception. Nothing in clause 12.2 12 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same (a) is taken into account in calculating the Mandatory Cost or (b) is the subject of an additional payment under clause 6.6.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Exception. Nothing in clause 12.2 Clause 17.2 shall entitle any Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional costcosts, reduction, payment, foregone payment or foregoing return or loss to the extent that the same is the subject of an additional payment under clause 6.6Clause 7.7.

Appears in 1 contract

Samples: Facility Agreement (Stena Ab)

Exception. Nothing in clause 12.2 shall entitle any the Bank to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return 52 or loss (a) to the extent that the same is taken into account in calculating the Additional Cost or (b) to the extent that the same is the subject of an additional payment under clause 6.6.

Appears in 1 contract

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

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