Common use of Confirmations and Undertakings Clause in Contracts

Confirmations and Undertakings. 5.1 Each of the Obligors confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement are references to the Loan Agreement as amended and supplemented by this Supplemental Agreement.

Appears in 2 contracts

Samples: Imperial Petroleum Inc./Marshall Islands, Performance Shipping Inc.

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Confirmations and Undertakings. 5.1 Each of the Obligors Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Second Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement are references to the Loan Agreement as amended and supplemented by this Second Supplemental Agreement.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Genco Shipping & Trading LTD), Second Supplemental Agreement (Genco Shipping & Trading LTD)

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Confirmations and Undertakings. 5.1 Each of the Obligors Security Parties confirms that all of its respective obligations under or pursuant to each of the Security Documents to which it is a party remain in full force and effect, despite the amendments to the Loan Agreement made in this Supplemental Agreement, as if all references in any of the Security Documents to the Loan Agreement are references to the Loan Agreement as amended and supplemented by this Supplemental Agreement.

Appears in 2 contracts

Samples: Third Supplemental Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.

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