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

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

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 20 contracts

Sources: Supplemental Agreement, Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan 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 13 contracts

Sources: Facility Agreement, Facility Agreement, Facility Agreement (Navios Maritime Holdings Inc.)

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 10 contracts

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

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

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

Sources: Facilities Agreement (Aries Maritime Transport LTD), Facility 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 4 contracts

Sources: 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

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

Sources: Facility Agreement (Golar LNG LTD), Loan Agreement (Golar LNG 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 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

Sources: 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. 12.3.2 Nothing in clause 12.2 shall entitle any Bank to receive any amount in respect of compensation for a FATCA Deduction required to be made by a Party.

Appears in 2 contracts

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

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

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

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

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

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

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

Sources: Facility Agreement (Stena Ab)

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

Sources: Senior Loan Agreement (FreeSeas 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 (a) taken into account in calculating Mandatory Cost or (b) the subject of an additional payment under clause 6.6.

Appears in 1 contract

Sources: Loan Agreement (Golden Energy Marine Corp.)

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

Sources: Loan Agreement (DryShips Inc.)

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

Sources: Facility Agreement (Costamare Inc.)