Common use of Provision of Information Clause in Contracts

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 8 contracts

Samples: Loan Agreement (Top Ships Inc.), Agreement (Dynagas LNG Partners LP), Loan Agreement

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Provision of Information. The Borrowers shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 7 contracts

Samples: Agreement (TBS International LTD), Loan Agreement (StealthGas Inc.), Agreement (Diana Shipping Inc.)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 4 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD), Loan Agreement (GasLog Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (GasLog Partners LP)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker Independent Ship sale and purchase broker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker broker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the within 3 Business Days following such request, the valuation may be made on any basis and assumptions which the shipbroker independent ship sale and purchase broker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 4 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 4 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (Seacastle Inc.), Loan Agreement (B Plus H Ocean Carriers LTD)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.5 or 15.4 14.6 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider prudent.

Appears in 4 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker Approved Shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker Approved Shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker Approved Shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

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

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any independent ship sale and purchase shipbroker or expert acting under Clause 15.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the within 3 Business Days following such request, the valuation may be made on any basis and assumptions which the independent ship sale and purchase shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 2 contracts

Samples: Loan Agreement (Star Cosmo Llc.), Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the its valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Euronav NV)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.;

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 15.1 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Provision of Information. The Borrowers Borrower shall (and shall procure that the Corporate Guarantor shall) promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower (or the Corporate Guarantor) fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Provision of Information. The Borrowers Each Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 Clauses 15.2 or 15.4 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail that Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Agent, acting on the instructions of the Majority Lenders Lenders, (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Provision of Information. The Borrowers Each Borrower shall promptly provide the Agent Lender and any shipbroker ship broker or expert acting under Clause 15.3 or 15.4 14.3 with any information which the Agent Lender or the shipbroker any independent ship broker or expert may request for the purposes of the valuation; and, if the Borrowers fail a Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker that ship broker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 2 contracts

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

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Agent, any Approved Shipbroker and any shipbroker or other expert acting under Clause 15.3 or 15.4 with any information which the Agent or Agent, the shipbroker Approved Shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker Approved Shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Amending and Restating Agreement (Golar LNG Partners LP), Loan Agreement

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.4 or 15.4 14.5 with any information which the Agent Lender or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the that shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the that shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 2 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker ship broker or expert acting under Clause 15.3 or 15.4 13.3 with any information which the Agent Lender or the shipbroker any independent ship broker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker that ship broker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 2 contracts

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

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker or expert may reasonable request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker Approved Shipbroker or expert acting under Clause 15.3 14.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker Approved Shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker Approved Shipbroker or the Majority Lenders Lender (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.,

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 (Valuation of Ships) or 15.4 (Value of additional vessel security) with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the its valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker independent ship sale and purchase broker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker broker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the within 3 Business Days following such request, the valuation may be made on any basis and assumptions which the shipbroker independent ship sale and purchase broker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.4 or 15.4 14.5 with any information which the Agent Lender or the shipbroker Shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

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Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker independent ship sale and purchase broker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker broker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the within 3 Business Days following such request, the valuation may be made on any basis and assumptions which the shipbroker independent ship sale and purchase broker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 13.17, 14.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any independent ship sale and purchase shipbroker or expert acting under Clause 15.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuationvaluation of a Ship; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the within 3 Business Days following such request, the valuation of that Ship may be made on any basis and assumptions which the independent ship sale and purchase shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Agreement (Star Bulk Carriers Corp.)

Provision of Information. The Borrowers shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 14.4 or 15.4 14.5 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker or expert may reasonable request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent Lender or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker Approved Shipbroker or expert acting under Clause 15.3 14.3 or 15.4 14.4 with any information which the Agent Lender or the shipbroker Approved Shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.4 or 15.4 15.5 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.5 or 15.4 15.6 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 15.5 or 15.4 15.6 with any information which the Agent or the shipbroker or expert may request for the purposes of the its valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Britannia Bulk Holdings Inc)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent Lender and any shipbroker or expert acting under Clause 15.3 or 15.4 14.1 with any information which the Agent Lender or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Lender (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 15.2 (Valuation of a Ship) with any reasonable information which the Agent or the shipbroker or expert may request for the purposes of the valuationvaluations; and, if the Borrowers fail a Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Agent (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause Clauses 15.3 or 15.4 15.5 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker Approved Shipbroker or expert acting under Clause 15.3 or 15.4 with any information which the Agent or the shipbroker Approved Shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker Approved Shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 or 15.4 15.1 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders Agent (or the expert appointed by themit) consider considers prudent.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Provision of Information. The Borrowers shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 20.3 or 15.4 20.4 with any information which the Agent or the shipbroker or expert may request for the purposes of the valuation; and, if the Borrowers fail to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

Provision of Information. The Borrowers Borrower shall promptly provide the Agent and any shipbroker or expert acting under Clause 15.3 16.4 or 15.4 16.5 with any information which the Agent or the shipbroker or expert may reasonably request for the purposes of the valuation; and, if the Borrowers fail Borrower fails to provide the information by the date specified in the request, the valuation may be made on any basis and assumptions which the shipbroker or the Majority Lenders (or the expert appointed by them) consider prudent.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

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