Sub-participation. A Bank may sub-participate all or any part of its rights and/or obligations under the Security Documents without the consent of, or notice to, the Borrowers.
Appears in 14 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.)
Sub-participation. A Bank may sub-participate all or any part of its rights and/or obligations under the Security Documents without the consent of, or notice to, the BorrowersBorrower.
Appears in 4 contracts
Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (StealthGas Inc.)
Sub-participation. A Bank may sub-participate to any other bank or financial institution all or any part of its rights and/or obligations under the Security Documents without the consent of, or notice to, the BorrowersBorrowers but with the prior written consent of the Agent (acting on the instructions of the Majority Banks).
Appears in 3 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Agreement (DryShips Inc.), Agreement (Diana Containerships Inc.)
Sub-participation. A Bank may sub-participate all or any part of its rights and/or obligations under the Security Documents without the consent of, or notice to, the BorrowersBorrowers but with the prior written consent of the Agent.
Appears in 3 contracts
Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (FreeSeas Inc.), Seanergy Maritime Holdings Corp.
Sub-participation. A Bank may sub-participate all or any part of its rights and/or obligations under the Security Documents without with the prior consent of, or notice of the Borrowers (such consent not to be unreasonably withheld and the request for which to be promptly responded to, the Borrowers).
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Sub-participation. A Bank may sub-participate all or any part of its rights and/or obligations under the Security Documents without the consent of, or notice to, the BorrowersBorrower but with the prior written consent of the Agent (such consent not to be unreasonably withheld).
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
