Common use of Terms of further assurances Clause in Contracts

Terms of further assurances. The Facility Agent may specify the terms of any document to be executed by the Borrowers or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent considers appropriate to protect its interests and the interests of the Finance Parties.

Appears in 1 contract

Samples: Supplemental Agreement (DryShips Inc.)

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Terms of further assurances. The Facility Agent (acting on the instructions of the Majority Lenders) may specify the terms of any document to be executed by the Borrowers Borrower or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent considers appropriate to protect its interests and (acting on the interests instructions of the Finance PartiesMajority Lenders) may require.

Appears in 1 contract

Samples: First Supplemental Agreement (Global Ship Lease, Inc.)

Terms of further assurances. The Facility Agent may specify the terms of any document to be executed by the Borrowers or the Guarantor under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent considers appropriate to protect its interests and the interests of the Finance Partiesinterests.

Appears in 1 contract

Samples: Supplemental Agreement (DryShips Inc.)

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Terms of further assurances. The Facility Agent may specify the terms of any document to be executed by the Borrowers or the Guarantor or the Shareholder under Clause 6.1, and those terms may include any covenants, powers and provisions which the Facility Agent considers appropriate to protect its interests and the interests of the Finance Partiesinterests.

Appears in 1 contract

Samples: First Supplemental Agreement (Global Ship Lease, Inc.)

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