Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or
Appears in 8 contracts
Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Freeseas Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State of any Ship by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documentsmeans; or
Appears in 8 contracts
Samples: Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Corporations and Companies (Aegean Marine Petroleum Network Inc.)
Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or:
Appears in 3 contracts
Samples: Facility Agreement (Costamare Partners LP), Facility Agreement (Costamare Partners LP), Costamare Inc.
Unrest. the Flag State of any either Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State of either Ship by unconstitutional means if, in any such case, case such event could in the opinion of the Bank Agent reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (Diana Shipping Inc.)
Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State of any Ship by unconstitutional means if, in any such case, case such event could in the opinion of the Bank Agent reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or
Appears in 2 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Agreement (Diana Containerships Inc.)
Unrest. the relevant Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the relevant Flag State of any Ship by unconstitutional means if, in any such case, such event could in the opinion of the Bank Facility Agent (acting on the instructions of the Majority Lenders) reasonably be expected to have a material adverse effect on the security constituted by any of the Security Finance Documents; or
Appears in 2 contracts
Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)
Unrest. the Flag State of any Ship the Vessel becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents, unless the Ship is re-registered within thirty (30) days from the occurrence of such event on a Flag State which is not affected by hostilities or civil war or a seizure of power by unconstitutional means; or
Appears in 2 contracts
Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
Unrest. the Flag State of any either Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State of either Ship by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documentsmeans; or
Appears in 2 contracts
Samples: Supplemental Agreement (Diana Shipping Inc.), Master Swap Agreement (Quintana Shipping Ltd.)
Unrest. the relevant Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the relevant Flag State of any Ship by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documentsmeans; or
Appears in 2 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State by unconstitutional means if, in any such case, (a) such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or
Appears in 1 contract
Unrest. the Flag State of any Ship a Vessel becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank Lender reasonably be expected to have a material adverse effect Material Adverse Effect on the security constituted by any of the Security Finance Documents; or
Appears in 1 contract
Samples: Agreement (Imperial Petroleum Inc./Marshall Islands)
Unrest. the Flag State of any Ship either Vessel becomes involved in hostilities or civil war or there is a seizure of power in such Flag State state by unconstitutional means if, in any such case, such event could in the opinion of the Bank reasonably be expected to have a material adverse effect on the security constituted by any of the Security DocumentsDocuments unless such Vessel has been re-flagged on another registry acceptable to the Bank within fifteen (15) days of the Bank’s request; or
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Unrest. the Flag State of any Ship becomes involved in hostilities or civil war or there is a seizure of power in such the Flag State by unconstitutional means if, in any such case, (a) such event could in the opinion of the Bank Agent (acting on the instructions of the Majority Banks) reasonably be expected to have a material adverse effect on the security constituted by any of the Security Documents; or
Appears in 1 contract
Samples: Agreement (FreeSeas Inc.)
Unrest. the The Flag State of any Ship Vessel becomes involved in hostilities or civil war or there is a seizure of power in such Flag State by unconstitutional means if, in any such case, such event could in the opinion of the Bank Lender reasonably be expected to have a material adverse effect on the security constituted by any of the Security Finance Documents; or.
Appears in 1 contract
Samples: Agreement (Freeseas Inc.)