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 114 contracts

Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.), Loan Agreement (Pyxis Tankers Inc.)

Repudiation. any Any Security Party repudiates any of the Security Documents Facility 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 of the Security Documentssuch Facility Document or Project Document other than any repudiation to which clause 6.5 applies; or

Appears in 6 contracts

Sources: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.)

Repudiation. any A Security Party or any other person (except the Lender) repudiates any of the Relevant Documents to which that Security Documents Party or does person is a party or causes or permits to be done any act or thing evidencing evidences an intention to repudiate any of the Security Documents; ordo so.

Appears in 4 contracts

Sources: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (DryShips Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)

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

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), On Delivery Facility Agreement (Paragon Shipping Inc.), On Delivery Buyer Credit Facility Agreement (DryShips Inc.)

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

Sources: Facility Agreement (Gulfmark Offshore Inc), Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore 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

Sources: Loan Agreement (Golden Energy Marine Corp.)

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

Sources: Loan Agreement (DryShips Inc.)

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

Sources: Loan Agreement (Top Tankers Inc.)

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

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