Common use of Termination of Commitment Clause in Contracts

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.2, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 9 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

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Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2the Commitment, the Commitment and and, all other obligations of the Lender to the Borrower Borrowers under this Agreement shall terminate.

Appears in 6 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.), Loan Agreement (DryShips Inc.)

Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2the Commitment, the Commitment and all other obligations of the Lender to the Borrower Borrowers under this Agreement Agreement, shall terminate.

Appears in 6 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (StealthGas Inc.), Loan Agreement (B Plus H Ocean Carriers LTD)

Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2the Commitment, the Commitment and all other obligations of the Lender to the Borrower under this Agreement Agreement, shall terminate.

Appears in 4 contracts

Samples: Loan Agreement (Star Cosmo Llc.), Agreement (Star Bulk Carriers Corp.), Agreement (Star Bulk Carriers Corp.)

Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2the Commitment, the Commitment and all other obligations of the Lender to the Borrower Borrowers under this Agreement Agreement, shall terminatebe cancelled.

Appears in 2 contracts

Samples: Agreement (TBS International LTD), Loan Agreement (Scorpio Bulkers Inc.)

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.27.2, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 2 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Termination of Commitment. On the service of a notice under paragraph (aClause 17.2(a) of Clause 18.2the Commitment, the Commitment and and, all other obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Termination of Commitment. On the service of a notice under paragraph (aClause 19.2(a) of Clause 18.2the Commitment, the Commitment and all other obligations of the Lender to the Borrower Borrowers under this Agreement Agreement, shall terminate.

Appears in 2 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.218.2(a), the Commitment Commitment, and all other obligations of the Lender to the Borrower Borrowers under this Agreement Agreement, shall terminatebe cancelled.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.2clause 10.2.1, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

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Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2, the Commitment and all other the obligations of the Lender to the Borrower Borrowers under this Agreement shall terminate.

Appears in 1 contract

Samples: Agreement (Diana Shipping Inc.)

Termination of Commitment. On the service of a notice under paragraph (aClause 17.2(a) of Clause 18.2, the Commitment and all other the obligations of the Lender to the Borrower under this Agreement shall terminatebe cancelled.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.218.2(a), the Commitment Commitment, and all other obligations of the Lender to the Borrower under this Agreement Agreement, shall terminatebe cancelled.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

Termination of Commitment. On the service of a notice under paragraph (a) of Clause 18.2, the Commitment and all other obligations of the Lender to the Borrower under this Agreement shall terminatecancelled.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Termination of Commitment. On the service of a notice under paragraph (aa)(i) of Clause 18.2, the Commitment and all other obligations of the Lender to the Borrower Borrowers under this Agreement shall terminate.

Appears in 1 contract

Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)

Termination of Commitment. On the service of a notice under paragraph (aClause 18.2(a) of Clause 18.2the Commitment, the Commitment and all other obligations of the Lender to the Borrower under this Agreement Agreement, shall terminatebe cancelled.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

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