Master Agreements. (a) an Event of Default (as defined in section 14 of a Master Agreement) occurs; or (b) a Master Agreement is terminated, cancelled, suspended, rescinded or revoked or otherwise ceases to remain in full force and effect for any reason except with the consent of the Agent acting on instructions of the Majority Lenders.
Appears in 2 contracts
Sources: Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)