Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.5) do not affect: (a) the liability of the Borrowers to make payments of principal and interest on the due dates; or (b) any other liability or obligation of the Borrowers or any Security Party under any Finance Document.
Appears in 3 contracts
Sources: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.5) do not affect:
(a) the liability of the Borrowers to make payments of principal and interest on the due dates; or
(b) any either other liability or obligation of the Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Sources: Loan Agreement (StealthGas Inc.)
Borrower’s obligations unaffected. The provisions of this Clause 17 (as distinct from a distribution effected under Clause 17.517.4) do not affect:
(a) the liability of the Borrowers to make payments of principal and interest on the due dates; or
(b) any other liability or obligation of the Borrowers or any Security Party under any Finance Document.
Appears in 1 contract
Sources: Loan Agreement (Omega Navigation Enterprises, Inc.)