Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "by the Agent on behalf of the Majority Lenders" were replaced by the words "by or on behalf of every Lender and the Swap Bank": (a) a change in the Margin or in the definition of LIBOR; (b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement; (c) a change to any Lender's Commitment; (d) an extension of the Availability Period; (e) a change to the definition of "Majority Lenders" or "Finance Documents"; (f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30; (g) a change to this Clause 27; (h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and (i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
Appears in 2 contracts
Sources: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 2 contracts
Sources: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ▇▇▇▇▇▇’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 26.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 3029;
(g) a change to this Clause 2726;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (GasLog Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Euronav NV)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change reduction in the Applicable Margin or in the definition calculation of LIBORInterest;
(b) a change postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees, or other sum sums payable under this Agreement;
(c) a change to an increase in any Lender's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" or "”, “Finance Documents"”, “Restricted Party”, “Sanctions”, “Sanctions Authority” or “Sanctions List”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.111.17, 8.211.19, 17, 18, 19 or 30;
(g) a change to Clause 3 or this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
Appears in 1 contract
Sources: Loan Agreement (EuroDry Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change reduction in the Margin or in the definition of LIBOR;
(b) a change to an extension of the due date for, or a decrease in the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to an increase in any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Amending and Restating Agreement (TBS International PLC)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "by the Agent on behalf of the Majority Lenders" were replaced by the words "by or on behalf of every Lender and the every Swap Bank":
(a) a change to any Security Party, other than in accordance with the Margin or in terms of the definition of LIBORFinance Documents;
(b) a change reduction in the Margin;
(c) a postponement to the date for, or a reduction in the amount of, any payment of principal, interest, fees, fees or other sum payable under this Agreement;
(cd) a change to an increase in any Lender's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "Majority LendersSanctions" or "Finance DocumentsMajority Lenders";
(f) a change to the preamble Clause 3 or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(hg) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document;
(h) an extension of the Availability Period; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender and the Swap Bank"Lender”:
(a) a change in the definition of the Margin or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.18.2, 8.211, 12.4, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.110.23, 8.211.23, 17, 18, 19 18 or 3031;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Facility Agreement (Navios Maritime Containers Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender▇▇▇▇▇▇'s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 3029;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 28.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender and the Swap Bank"Lender”:
(a) a change in the definition of the Margin or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.16.1, 8.19.2, 8.212, 1713.4, 18, 19 19, 20 or 3031;
(g) a change to this Clause 2728;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender and the Swap Bank"Lender”:
(a) a change in the definition of the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.211, 12.4, 15, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the every Swap Bank"”:
(a) a change in the Margin or in the definition of LIBORLIBOR or in the definition of Mandatory Cost Rate;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; andand 66
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 28.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender Lender, the Swap Bank and the Swap Issuing Bank"”:
(a) a change in the Margin definition of the Margin, the Mandatory Cost or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability PeriodPeriod for any Advance;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.16.1, 8.19.1, 8.212, 1713.4, 18, 19 19, 20, 30, 31, 32, 33 or 3035;
(g) a change to this Clause 2728;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 28.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender and the Swap Bank"Lender”:
(a) a change in the definition of the Margin or in the definition of LIBORLIBOR or EURIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change in the Approved Manager or the terms and conditions of management of either Ship;
(g) a change to the preamble or to Clause 2, 3, 4, 5.16.1, 8.19.1, 8.212, 1713.4, 16, 18, 19 19, 20 or 3031;
(gh) a change to this Clause 2728;
(hi) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(ij) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 26.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability PeriodPeriod or Maturity Date;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 5.1,16,17 or 3029;
(g) a change to this Clause 2726;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Euronav NV)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf and with the consent of the Majority Lenders" ” were replaced by the words "“by or on behalf and with the consent of every Lender and the Swap Bank"Lender”:
(a) a change in the definition of the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.18.2, 8.211, 12.4, 15.1, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Danaos Corp)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 25.1 applies as if the words "“by the Agent acting with the consent and on behalf of the Majority Lenders" ” were replaced by the words "“by or the Agent acting with the consent and on behalf of of, every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment (but, for the avoidance of doubt, this change does not apply to a transfer by a Lender of part or all of its Commitment, to which only Clause 24 applies);
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.115, 8.2, 17, 18, 19 17 or 3028;
(g) a change to this Clause 2725;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (DryShips Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to an extension of the due date for, or a decrease in the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to an increase in any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"Lender”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's Commitmentthe Total Commitments;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(fe) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.29, 17, 18, 19 or 30;
(gf) a change to this Clause 27;
(hg) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(ih) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"”:
(a) a change in the Margin or in the definition of LIBORLIBOR or Cost of Funds;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "Majority Lenders" or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (StealthGas Inc.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the every Swap Bank"”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
Appears in 1 contract
Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "by the Agent on behalf of the Majority Lenders" were replaced by the words "by or on behalf of every Lender and the Swap Bank":
(a) a change in the applicable Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "Majority Lenders" or "Finance Documents";
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
Appears in 1 contract
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"”:
(a) a change in the applicable Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
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Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "by the Agent on behalf of the Majority Lenders" were replaced by the words "by or on behalf of every Lender and the Swap BankLender":
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum sums payable under this Agreement;
(c) a change to any Lender's Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "Majority Lenders" or "Finance Documents";
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.111.17, 8.211.18, 17, 18, 19 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's consent is required.
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Sources: Loan Agreement (EuroDry Ltd.)
Variations, waivers etc. requiring agreement of all Lenders. However, as regards the following, Clause 27.1 applies as if the words "“by the Agent on behalf of the Majority Lenders" ” were replaced by the words "“by or on behalf of every Lender and the Swap Bank"”:
(a) a change in the Margin or in the definition of LIBOR;
(b) a change to the date for, or the amount of, any payment of principal, interest, fees, or other sum payable under this Agreement;
(c) a change to any Lender's ’s Commitment;
(d) an extension of the Availability Period;
(e) a change to the definition of "“Majority Lenders" ” or "“Finance Documents"”;
(f) a change to the preamble or to Clause 2, 3, 4, 5.1, 8.1, 8.2, 17, 18, 19 18 or 30;
(g) a change to this Clause 27;
(h) any release of, or material variation to, a Security Interest, guarantee, indemnity or subordination arrangement set out in a Finance Document; and
(i) any other change or matter as regards which this Agreement or another Finance Document expressly provides that each Lender's ’s consent is required.
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