Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 45 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 37 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 24 contracts
Samples: Agreement (Capital Product Partners L.P.), Agreement (Navios Maritime Holdings Inc.), Agreement (Capital Product Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 14 contracts
Samples: Loan Agreement (GasLog Partners LP), Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 11 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 10 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 9 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 4 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (GasLog Ltd.), Agreement (NewLead Holdings Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i) (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 4 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Acquisition Corp), Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.22(a), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i) or, upon an Event of Default under Clause 20.1(h), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 3 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Termination of Commitments. On the service of a notice under Clause Clauses 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 3 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 3 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Diana Shipping Inc.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)18.2, the Commitments and all other obligations of each the Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Termination of Commitments. On the service of a notice under sub-paragraph (i) of paragraph (a) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.21(a), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)20.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Tsakos Energy Navigation LTD)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments (or the relevant part thereof) and all other or the relevant obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i) or, upon an Event of Default under either of Clauses 20.1(h) or (i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i) (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Castor Maritime Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled; provided, that in the case of an Event of Default under either of Clauses 20.1(h) or (i), the Total Commitments shall be automatically cancelled.
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)20.2, the Commitments and all other obligations of each Lender and the Issuing Bank to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i)17.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Term Commitments, the Revolving Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i)21.2, the Commitments and all other obligations of each Lender and the Guarantee Issuer to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)15.2, the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i), 19.2 (Actions following an Event of Default) the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(iSection 20.2(b)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i24.2(a)(i), the Commitments, the Guarantee Facility Commitments and all other obligations of the Issuing Bank and each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i20.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.terminate. 20.4
Appears in 1 contract
Samples: Euronav NV
Termination of Commitments. On the service of a notice under sub-paragraph (i) of paragraph (a) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Term Commitments, the Newbuilding Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
