Common use of Negative undertakings Clause in Contracts

Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstanding, it will not, without the prior written consent of the Bank:

Appears in 8 contracts

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

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Negative undertakings. The Borrower undertakes Borrowers jointly and severally undertake with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstanding, it they will not, without the prior written consent of the Bank:

Appears in 7 contracts

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

Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstanding, it the Borrower will not, without the prior written consent of the Bank:

Appears in 6 contracts

Samples: Loan Agreement (Globus Maritime LTD), Loan Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstandingDocuments, it will not, without the prior written consent of the Bank:

Appears in 4 contracts

Samples: Master Agreement (Capital Maritime & Trading Corp.), Master Agreement (Capital Maritime & Trading Corp.), Agreement (NewLead Holdings Ltd.)

Negative undertakings. The Borrower undertakes Borrowers jointly and severally undertake with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstanding, it they will not, without the prior written consent of the Bank:;

Appears in 3 contracts

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

Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains outstanding, it will not, without the prior written consent of the Bank, but subject to the proviso hereto:

Appears in 2 contracts

Samples: Supplemental Agreement (Top Ships Inc.), Agreement (Top Tankers Inc.)

Negative undertakings. The Borrower undertakes with the Bank Lender that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment Loan remains outstanding, it will not, without the prior written consent of the BankLender:

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

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Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment Outstanding Indebtedness remains outstanding, it will not, without the prior written consent of the Bank:):

Appears in 2 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

Negative undertakings. The Borrower undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents this Agreement and while all or any part of the Commitment remains outstanding, it will not, without the prior written consent of the Bank:

Appears in 2 contracts

Samples: Loan Facility Agreement (Bookham, Inc.), Agreement (Bookham, Inc.)

Negative undertakings. The Borrower Each of the Borrowers undertakes with the Bank that, from the date of this Agreement and so long as the Borrowers remain under any obligation, actual or contingent, under this Agreement or any moneys are owing under any of the Security Documents and while all or any part of the Commitment remains outstanding, it will not, without the prior written consent of the Bank:

Appears in 1 contract

Samples: Supplemental Agreement (Gala Properties Inc.)

Negative undertakings. The Borrower hereby undertakes with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents Documents, whether actually or contingently, and while all or any part of the Commitment Facility remains outstandingavailable, it the Borrower will not, without the prior written consent of the Bank:

Appears in 1 contract

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

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