Common use of Security Value Maintenance Clause in Contracts

Security Value Maintenance. ensure that at all times the Security Value is not less than the Security Requirement; and

Appears in 2 contracts

Sources: Facilities Agreement (Omega Navigation Enterprises, Inc.), Junior Secured Loan Agreement (Omega Navigation Enterprises, Inc.)

Security Value Maintenance. ensure that at all times the Security Value is not less than the Security Requirement; and;

Appears in 2 contracts

Sources: Facilities Agreement (Aries Maritime Transport LTD), Facility Agreement (Aries Maritime Transport LTD)