Common use of Currency Indemnity Clause in Contracts

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 56 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.)

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Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 24 contracts

Samples: Loan Agreement, Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 18 contracts

Samples: Loan Agreement, Agreement (Navios Maritime Partners L.P.), Loan Agreement (Global Ship Lease, Inc.)

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 15 contracts

Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Dorian LPG Ltd.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 14 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 13 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Currency Indemnity. If any sum due from the Borrower Borrowers or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 12 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 10 contracts

Samples: Agreement (Diana Shipping Inc.), Agreement (Scorpio Bulkers Inc.), Loan Agreement

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 10 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 9 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Box Ships Inc.), Agreement (DryShips Inc.)

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 8 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 6 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Euroseas Ltd.), Loan Agreement (TBS International PLC)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 6 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.)

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 5 contracts

Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party an Obligor to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the Contractual Currency) into another currency (the Payment Currency) for the purpose of:

Appears in 4 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 4 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 4 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.), Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 4 contracts

Samples: Agreement (Scorpio Tankers Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Box Ships Inc.)

Currency Indemnity. If any sum due from the Borrower Obligors or any Security Party to a Creditor Party the Issuer under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 3 contracts

Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the a Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 3 contracts

Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Paragon Shipping Inc.), Agreement (Seanergy Maritime Holdings Corp.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Mc Shipping Inc)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Agreement (Diana Shipping Inc.)

Currency Indemnity. If any sum due from a Borrower to any of the Borrower or any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Pyxis Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Star Bulk Management Inc.)

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Currency Indemnity. If any sum due from the any Borrower or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the either Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)

Currency Indemnity. If any sum due from the Borrower or any Security Party or any Approved Manager to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a "Sum") has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Currency Indemnity. If any sum due from the Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document 44 has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Currency Indemnity. If any sum due from the Borrower or an Obligor to any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party an Obligor to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Cruises S. DE R.L.)

Currency Indemnity. If any sum due from an Obligor to any of the Borrower or any Security Party to a Creditor Credit Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Currency Indemnity. If any sum due from the Borrower Obligors or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Agreement (Euronav NV)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:: Index

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Currency Indemnity. If any sum due from the Borrower or any Security Party Obligor to a Creditor Finance Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Management Agreement (Pacific Drilling S.A.)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party or K-Sure under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Currency Indemnity. If any sum due from the Borrower Borrowers or any Security Party to a Creditor Party under a Finance Document or under any order order, award or judgment relating to a Finance Document (a “Sum”) has to be converted from the currency in which the Finance Document provided for the sum Sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Currency Indemnity. If any sum due from the Borrower or any Security Party to a Creditor Party the Lender under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the "Contractual Currency") into another currency (the "Payment Currency") for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Currency Indemnity. If any sum due from the a Borrower or any other Security Party to a Creditor Party under a Finance Document or under any order or judgment relating to a Finance Document has to be converted from the currency in which the Finance Document provided for the sum to be paid (the “Contractual Currency”) into another currency (the “Payment Currency”) for the purpose of:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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