Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default: the Agent may, and if so instructed by the Majority Lenders, the Agent shall:
Appears in 2 contracts
Sources: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Actions following an Event of Default. On, or at any time after, the occurrence of an Event of Default: :
(a) the Agent may, and if so instructed by the Majority Lenders, the Agent shall:
Appears in 1 contract