Common use of Borrower’s and each Security Party’s obligation to execute further documents etc Clause in Contracts

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Agent may, by notice to the Borrower, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 10 contracts

Sources: Supplemental Agreement (DryShips Inc.), Supplemental Agreement (DryShips Inc.), Eighth Supplemental Agreement

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower shall and shall procure that each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Facility Agent may, by notice to the Borrower, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 2 contracts

Sources: Fifth Supplemental Agreement (Capital Product Partners L.P.), Fifth Supplemental Agreement

Borrower’s and each Security Party’s obligation to execute further documents etc. The Each Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee Lender (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee Lender may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Lender may, by notice to the Borrowerthat Borrower or that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 2 contracts

Sources: Supplemental Agreement (TBS International LTD), Supplemental Agreement (TBS International LTD)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Each Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Security Trustee may, by notice to the Borrowerthat Borrower or that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 2 contracts

Sources: Supplemental Agreement (TBS International LTD), Supplemental Agreement (TBS International LTD)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower and each Security Party Owner shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee Agent may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Security Trustee may, by notice to the BorrowerBorrower or that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Amending and Restating Agreement (Paragon Shipping Inc.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Security Trustee may, by notice to the BorrowerBorrower or that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Amending and Restating Agreement (Paragon Shipping Inc.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower shall and shall procure that each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Agent may, by notice to the Borrower, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Loan Agreement

Borrower’s and each Security Party’s obligation to execute further documents etc. The Each Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Agent may, by notice to the BorrowerBorrowers, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Second Supplemental Agreement (Pyxis Tankers Inc.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower shall, and shall procure that each Security Party shall: (a) execute and deliver to the Security Trustee Lender (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee Lender may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Lender may, by notice to the BorrowerBorrower or that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Supplemental Agreement (Diana Shipping Inc.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, ; which the Agent Security Trustee may, by notice to the BorrowerBorrower or that Security Party, specify for any of the purposes described in Clause 6.2 6 (Further Assurances) or for any similar or related purpose.

Appears in 1 contract

Sources: Loan Agreement (Teekay LNG Partners L.P.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower and each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify;; and (b) effect any registration or notarisation, give any notice or take any other step, which the Facility Agent may, by notice to the Borrower, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Fourth Supplemental Agreement (Capital Product Partners L.P.)

Borrower’s and each Security Party’s obligation to execute further documents etc. The Borrower shall, and shall procure that each Security Party shall: (a) execute and deliver to the Security Trustee (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Agent may, by notice to the BorrowerBorrower and that Security Party, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

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

Borrower’s and each Security Party’s obligation to execute further documents etc. The Each Borrower and each other Security Party shall: (a) execute and deliver to the Security Trustee Lender (or as it may direct) any assignment, mortgage, power of attorney, proxy or other document, governed by the law of England or such other country as the Security Trustee Lender may, in any particular case, specify; (b) effect any registration or notarisation, give any notice or take any other step, which the Agent Lender may, by notice to the BorrowerBorrowers, specify for any of the purposes described in Clause 6.2 or for any similar or related purpose.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)