Application of moneys by Security Agent. The Borrowers and the Finance Parties irrevocably authorise the Security Agent or any Receiver or Delegate to apply all moneys which it receives and is entitled to receive:
Appears in 9 contracts
Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)
Application of moneys by Security Agent. The Borrowers Borrower and the Finance Parties irrevocably authorise the Security Agent or any Receiver or Delegate to apply all moneys which it receives and is entitled to receive:
Appears in 7 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Application of moneys by Security Agent. The Borrowers and the Finance Parties irrevocably authorise the Security Agent or any Receiver or Delegate to apply all moneys which it receives and is entitled to receive:
Appears in 4 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)
Application of moneys by Security Agent. The Borrowers Borrower and the Finance Parties irrevocably authorise the Security Agent or any Receiver or Delegate to apply all moneys which it receives and is entitled to receive:
Appears in 2 contracts
Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)
Application of moneys by Security Agent. The Borrowers Borrower and the Finance Parties irrevocably authorise the Security Agent or any Receiver or Delegate to apply all moneys which it receives and is entitled to receive:: (a) pursuant to a sale or other disposition of the Vessel or any right, title or interest in the Vessel; or
Appears in 1 contract
Samples: Amending and Restating Agreement (DHT Holdings, Inc.)
