Common use of Variations, waivers etc Clause in Contracts

Variations, waivers etc. (a) A document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or a Credit Party’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the relevant Obligor(s) and the relevant Credit Party.

Appears in 3 contracts

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

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Variations, waivers etc. (a) A document shall be effective to vary, waive, suspend or limit any provision of a Finance Document, or a Credit Party’s rights or remedies under such a provision or the general law, only if the document is signed, or specifically agreed to by fax, by the relevant Obligor(s) Obligors and the relevant Credit Party.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

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