Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowers.
Appears in 11 contracts
Sources: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Acquisition CORP)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrower.
Appears in 9 contracts
Sources: Facility Agreement, Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrowers but with prior written notice to the other Lenders.
Appears in 3 contracts
Sources: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Holdings Inc.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowers.
Appears in 3 contracts
Sources: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Finance Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrower.
Appears in 2 contracts
Sources: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (Navios Maritime Holdings Inc.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrowers but with the prior written consent of the Facility Agent (such consent not to be unreasonably withheld).
Appears in 2 contracts
Sources: On Delivery Facility Agreement (Paragon Shipping Inc.), On Delivery Buyer Credit Facility Agreement (DryShips Inc.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrower.
Appears in 2 contracts
Sources: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement for a Term Loan Facility (Navios Maritime Acquisition CORP)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowers.
Appears in 2 contracts
Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrower.
Appears in 2 contracts
Sources: Facilities Agreement, Loan Agreement (Golar LNG Partners LP)
Sub-participation. A Lender may may, following consultation with the Corporate Guarantor but without the need to obtain its consent, sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowersany Security Party.
Appears in 2 contracts
Sources: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with of the Borrowers or any other Finance Party but subject to giving prior written notice to, to the BorrowersFacility Agent.
Appears in 1 contract
Sources: Loan Agreement (DryShips Inc.)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the BorrowersBorrower but subject to the prior written consent of the Agent.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowers.. 42 Table of Contents
Appears in 1 contract
Sources: Facility Agreement (Navios Maritime Acquisition CORP)
Sub-participation. A Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or of the Borrowers but subject to giving prior written notice to, to the Facility Agent and the Borrowers.
Appears in 1 contract
Sub-participation. A The Lender may sub-participate all or any part of its rights and/or obligations under the Security Documents at its own expense without the consent of, consultation with or notice to, the Borrowers.
Appears in 1 contract