No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 31 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 29 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 27 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Product Shipping Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any either Borrower.
Appears in 14 contracts
Samples: Loan Agreement (Castor Maritime Inc.), Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 13 contracts
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Diana Shipping Inc.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 8 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrower or any Borrowerof the Guarantors.
Appears in 6 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any either Borrower.
Appears in 6 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers.
Appears in 5 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (TBS International PLC)
No Security Interest. This Clause 25 gives 24 give the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 4 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrowers (or any Borrowerof them).
Appears in 4 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 4 contracts
Samples: Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.), Facility Agreement (Gala Properties Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-set off only, only and does not create any equitable charge or other Security Interest over any credit balance of any either Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
No Security Interest. This Clause 25 23 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties Lenders a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 3 contracts
Samples: Loan Agreement (EuroDry Ltd.), Agreement (Diana Shipping Inc.), Loan Agreement (Mc Shipping Inc)
No Security Interest. This Clause 25 19 gives the Creditor Parties Issuer a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Obligors.
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
No Security Interest. This Clause 25 gives the each Creditor Parties Party a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrowers (or any Borrowerof them).
Appears in 3 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)
No Security Interest. This Clause 25 22 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 3 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.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 2 contracts
Samples: Loan Agreement (GasLog Ltd.), Agreement (NewLead Holdings Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.. TRANSFERS AND CHANGES IN LENDING OFFICES
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
No Security Interest. This Clause 25 22 (Set-Off) gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge change or other Security Interest over any credit balance of any the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
No Security Interest. This Clause 25 (Set-Off), gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)
No Security Interest. This Clause 25 gives the Creditor Parties Lenders a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrower and/or the Guarantor.
Appears in 2 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
No Security Interest. This Clause 25 (Set-off) gives the Creditor Parties a contractual right of set-set off only, only and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-set off only, only and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers Inc.)
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers (or either of them).
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Oceanfreight Inc.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrowers or any Borrowerof the Guarantors.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.. 26 TRANSFERS AND CHANGES IN LENDING OFFICES
Appears in 2 contracts
Samples: Loan Agreement (GasLog Partners LP), Loan Agreement
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerof the Borrowers or the Guarantor.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)
No Security Interest. This Clause 25 23 gives the Creditor Parties a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties Lenders a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers and/or the Guarantor.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No Security Interest. This Clause 25 23 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any an equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
No Security Interest. This Clause 25 gives the Creditor Parties Lenders a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No Security Interest. This Clause 25 21 gives the Creditor Parties Lenders a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerof the Borrowers.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
No Security Interest. This Clause 25 24.3 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any BorrowerBorrower or the Guarantor.
Appears in 1 contract
No Security Interest. This Clause 25 22 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Obligors.
Appears in 1 contract
Samples: Agreement (Euronav NV)
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrowerthe Borrowers.
Appears in 1 contract
No Security Interest. This Clause 25 21 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any an equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)
No Security Interest. This Clause 25 (Set-Off) gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any either Borrower.
Appears in 1 contract
No Security Interest. This Clause 25 22 gives the Creditor Parties a contractual right of set-off setoff only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (Prestige Cruises International, Inc.)
No Security Interest. This Clause 25 (Set-Off) gives the Creditor Parties a contractual right of set-off only, set‑off only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
No Security Interest. This Clause 25 27 gives the Creditor Parties a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
No Security Interest. This Clause 25 26 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrowers or any Borrowerof them.
Appears in 1 contract
No Security Interest. This Clause 25 24 gives the Creditor Parties Lender a contractual right of set-set off only, and does not create any equitable charge or other Security Interest over any credit balance of the Borrowers or any Borrowerof them.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any that Borrower.
Appears in 1 contract
Samples: Agreement (Scorpio Bulkers Inc.)
No Security Interest. This Clause 25 gives the Creditor Parties Lender a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
No Security Interest. This Clause 25 (Set-Off) gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
No Security Interest. This Clause 25 30 gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
No Security Interest. This Clause 25 24 gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any Borrower.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
No Security Interest. This Clause 25 (Set-off) gives the Creditor Parties a contractual right of set-off only, and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No Security Interest. This Clause 25 gives the Creditor Parties a contractual right of set-set off only, only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
No Security Interest. This Clause 25 24 gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
No Security Interest. This Clause 25 30 (Set-Off) gives the Creditor Parties a contractual right of set-off only, only and does not create any equitable charge or other Security Interest over any credit balance of any the Borrower.. 31
Appears in 1 contract
Samples: Euronav NV
