Common use of Repudiation Clause in Contracts

Repudiation. any Security Party repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 111 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Diana Shipping Inc.)

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Repudiation. any Security Party repudiates any of the Security Documents Document or Project Document to which it is a party or does or causes or permits to be done any act or thing evidencing an intention to repudiate any such Security Document or the Project Document, or if the validity or enforceability of any of the Security DocumentsDocuments and the Project Documents shall at any time and for any reason be contested by any Security Party which is a party thereto, or if any such Security Party shall deny that it has any, or any further, liability thereunder; or

Appears in 4 contracts

Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)

Repudiation. the Borrower or any other Security Party repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 4 contracts

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

Repudiation. any Security Party repudiates any of the Security Finance Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Finance Documents; or

Appears in 3 contracts

Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.), Seanergy Maritime Holdings Corp.

Repudiation. any Security Party repudiates this Agreement or any of the other Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate this Agreement or any of the other Security Documents; or

Appears in 2 contracts

Samples: Gulfmark Offshore Inc, Agreement (Gulfmark Offshore Inc)

Repudiation. any Security Party repudiates any of the Security Documents or any of the Transaction Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents or any of the Transaction Documents; or

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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Repudiation. any Security Party repudiates any of the Security Documents or any of the Underlying Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents or any of the Underlying Documents; or

Appears in 1 contract

Samples: Agreement (Top Tankers Inc.)

Repudiation. any Security Party or HoldCo repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 1 contract

Samples: Loan Agreement (Golden Energy Marine Corp.)

Repudiation. any Security Party (other than any Manager) repudiates any of the Security Documents or does or causes or permits to be done any act or thing evidencing an intention to repudiate any of the Security Documents; or

Appears in 1 contract

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

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