Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 45 contracts
Sources: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 38 contracts
Sources: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 24 contracts
Sources: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Capital Product Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 14 contracts
Sources: Amending and Restating Agreement (GasLog Partners LP), Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 11 contracts
Sources: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 11 contracts
Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 9 contracts
Sources: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.22(a), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 4 contracts
Sources: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i) (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 4 contracts
Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Acquisition Corp), Facility Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 4 contracts
Sources: Loan Agreement (Euronav NV), Loan Agreement (GasLog Ltd.), Facility Agreement (NewLead Holdings Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)19.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 3 contracts
Sources: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Diana Shipping Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i) or, upon an Event of Default under Clause 20.1(h), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 3 contracts
Sources: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Termination of Commitments. On the service of a notice under Clause Clauses 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 3 contracts
Sources: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i) or, upon an Event of Default under either of Clauses 20.1(h) or (i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments (or the relevant part thereof) and all other or the relevant obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)20.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Sources: Loan Agreement (Danaos Corp), Loan Agreement (Tsakos Energy Navigation LTD)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)18.2, the Commitments and all other obligations of each the Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Sources: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)
Termination of Commitments. On the service of a notice under sub-paragraph (i) of paragraph (a) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.21(a), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Sources: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(iClause
19.2(a) (i) ( following an Event of Default ), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i) (Actions following an Event of Default), the Commitments and all other obligations of each the Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Toro Corp.), Loan Agreement (Castor Maritime Inc.)
Termination of Commitments. On the service of a notice under sub-paragraph (i) of paragraph (a) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 2 contracts
Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i) (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 2 contracts
Sources: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Castor Maritime Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i20.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled; provided, that in the case of an Event of Default under either of Clauses 20.1(h) or (i), the Total Commitments shall be automatically cancelled.
Appears in 2 contracts
Sources: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(iSection 20.2(b)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Senior Secured Credit Facility Agreement (Pacific Drilling S.A.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.. 712 EUROPE/66436786v5
Appears in 1 contract
Sources: Loan Agreement (Diana Shipping Inc.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i)17.2, the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (DryShips Inc.)
Termination of Commitments. On the service of a notice under sub-paragraph (i) of paragraph (a) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), all the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminated.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelled.
Appears in 1 contract
Sources: Loan Agreement (Euronav NV)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i20.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Euronav NV)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)20.2, the Commitments and all other obligations of each Lender and the Issuing Bank to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i19.2 (Actions following an Event of Default), the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i24.2(a)(i), the Commitments, the Guarantee Facility Commitments and all other obligations of the Issuing Bank and each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Term Commitments, the Newbuilding Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Euronav NV)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i), the Term Commitments, the Revolving Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i18.2(a)(i), the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 1 contract
Sources: Loan Agreement (GasLog Ltd.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i)15.2, the Commitments and all other obligations of each Lender to the Borrowers under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan Agreement (Alma Maritime LTD)
Termination of Commitments. On the service of a notice under Clause 19.2(a)(i)21.2, the Commitments and all other obligations of each Lender and the Guarantee Issuer to the Borrowers Borrower under this Agreement shall be cancelledterminate.
Appears in 1 contract
Sources: Loan and Guarantee Facility Agreement (DryShips Inc.)
Termination of Commitments. On the service of a notice under paragraph (a)(i) of Clause 19.2(a)(i), 19.2 (Actions following an Event of Default) the Commitments and all other obligations of each Lender to the Borrowers Borrower under this Agreement shall be cancelled.
Appears in 1 contract