Variations and Waivers. 27.1 Required consents (a) Subject to Clause 27.2 (Exceptions) and Clause 27.4 (Replacement of Screen Rate), any term of the Finance Documents may be amended or waived only with the consent of the Lender and the Borrower and any such amendment or waiver will be binding on the Lender and the Borrower.
Appears in 2 contracts
Sources: Loan Agreement (Toro Corp.), Loan Agreement (Castor Maritime Inc.)