Common use of General conditions precedent Clause in Contracts

General conditions precedent. The consent of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 6 contracts

Sources: Third Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

General conditions precedent. The consent consents and waiver of the Creditors and the other arrangements referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)

General conditions precedent. The consent of the Creditors Bank referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Fifth Supplemental Agreement (Freeseas Inc.), Fourth Supplemental Agreement (Freeseas Inc.)

General conditions precedent. The consent of the Creditors Creditor Parties referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Second Supplemental Agreement (Paragon Shipping Inc.), Supplemental Agreement (Paragon Shipping Inc.)

General conditions precedent. The consent consents and waiver of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Fourth Supplemental Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)

General conditions precedent. The consent consents and agreements of the Creditors Creditor Parties referred to in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

General conditions precedent. The consent of the Creditors referred to provided in clause 2 shall be further subject to: 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 2 contracts

Sources: Loan Agreement (Poseidon Containers Holdings Corp.), Supplemental Agreement (Poseidon Containers Holdings Corp.)

General conditions precedent. The consent of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 (a) the representations and warranties in clause 4 5 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 (b) no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 1 contract

Sources: Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

General conditions precedent. The consent consents and waiver of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 (a) the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 (b) no Event of Default having occurred and continuing at the time as of the Effective Date.

Appears in 1 contract

Sources: Fifth Supplemental Agreement (Seanergy Maritime Holdings Corp.)

General conditions precedent. The consent of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 6.2.1 the representations and warranties in clause 4 5 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 6.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 1 contract

Sources: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

General conditions precedent. The consent consents of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 (a) the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 (b) no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 1 contract

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.)

General conditions precedent. The consent of the Creditors Creditor Parties referred to in clause 2 shall be further subject to:. 5.2.1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 1 contract

Sources: Fourth Supplemental Agreement (Paragon Shipping Inc.)

General conditions precedent. The consent of the Creditors referred to in clause 2 shall be further subject to: 5.2.1 5 2 1 the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and 5.2.2 no Event of Default having occurred and continuing at the time of the Effective Date.

Appears in 1 contract

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.)