Common use of Valuations binding Clause in Contracts

Valuations binding. Any valuation under this Clause 27 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 9 contracts

Sources: Facility Agreement (Seanergy Maritime Holdings Corp.), Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Ardmore Shipping Corp)

Valuations binding. Any valuation under this Clause 27 25 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 8 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Seanergy Maritime Holdings Corp.)

Valuations binding. Any valuation under this Clause 27 24 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 6 contracts

Sources: Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Valuations binding. Any valuation under this Clause 27 29 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 6 contracts

Sources: Loan Agreement (Ardmore Shipping Corp), Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp)

Valuations binding. Any valuation under this Clause 27 25 (Security CoverValue Maintenance) shall be binding and conclusive as regards each the Borrower.

Appears in 6 contracts

Sources: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Valuations binding. Any valuation under this Clause 27 23 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 5 contracts

Sources: Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility Agreement (Navios Maritime Partners L.P.)

Valuations binding. Any valuation under this Clause 27 25 (Security Cover) shall be binding and conclusive as regards each the Borrower.

Appears in 4 contracts

Sources: Loan Agreement (International Seaways, Inc.), Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Grindrod Shipping Holdings Ltd.)

Valuations binding. Any valuation under this Clause 27 24 (Security Cover) shall be binding and conclusive as regards each the Borrower.

Appears in 3 contracts

Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.), Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Taylor Maritime Investments LTD)

Valuations binding. Any valuation under this Clause 27 26 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 3 contracts

Sources: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Navios Maritime Holdings Inc.)

Valuations binding. Any valuation under this Clause 27 23 (Security Cover) shall be binding and conclusive as regards each the Borrower.

Appears in 2 contracts

Sources: Secured Term Loan Facility (United Maritime Corp), Term Loan Facility (Navios Maritime Partners L.P.)

Valuations binding. Any valuation under this Clause 27 (Security Cover) 21 shall be binding and conclusive as regards each the Borrower.

Appears in 2 contracts

Sources: Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

Valuations binding. Any valuation under this Clause 27 ‎24 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 2 contracts

Sources: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)

Valuations binding. Any valuation under this Clause 27 24 (Security Cover) shall be binding and conclusive as regards each Borrowerthe Borrowers.

Appears in 2 contracts

Sources: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Valuations binding. Any valuation under this Clause 27 23 (Security Cover) shall be binding and conclusive as regards each Borrowerthe Borrower and the Lenders.

Appears in 1 contract

Sources: Term Loan Facility (Pyxis Tankers Inc.)

Valuations binding. Any valuation under this Clause 27 24 (Security Cover) shall be binding and conclusive as regards each Borrowerthe Borrower and the Guarantors.

Appears in 1 contract

Sources: Facility Agreement (Scorpio Tankers Inc.)

Valuations binding. Any valuation under this Clause 27 22 (Security Cover) shall be binding and conclusive as regards each the Borrower.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Globus Maritime LTD)

Valuations binding. Any valuation under this Clause 27 20.3 (Security CoverValue of security) shall be binding and conclusive as regards each the Borrower.

Appears in 1 contract

Sources: Term Loan Facility (DryShips Inc.)

Valuations binding. Any valuation under this Clause 27 22 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 1 contract

Sources: Reducing Revolving Credit Loan Facility (Navios Maritime Partners L.P.)

Valuations binding. Any valuation under this Clause 27 28 (Security Cover) shall be binding and conclusive as regards each Borrower.

Appears in 1 contract

Sources: Term Loan Facility (Ardmore Shipping Corp)