Common use of Form of additional security Clause in Contracts

Form of additional security. The additional security referred to in Clause 8.3 shall take such form, be constituted by such documentation and be entered into by such parties, as the Lender may approve or require, and each document comprising such additional security shall constitute a Credit Support Document.

Appears in 3 contracts

Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Agreement (Arlington Tankers Ltd.)

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Form of additional security. The additional security referred to in Clause 8.3 8.2 shall take such form, be constituted by such documentation and be entered into by such parties, as the Lender may may, in its absolute discretion, approve or require, and each document comprising such additional security shall constitute a Credit Support Document.

Appears in 2 contracts

Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)

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Form of additional security. The additional security referred to in Clause 8.3 shall take such form, be constituted by such documentation and be entered into by such parties, as the Lender may may, in its absolute discretion, approve or require, and each document comprising such additional security shall constitute a Credit Support Document.

Appears in 1 contract

Samples: Loan Agreement (Knightsbridge Tankers LTD)

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