Common use of Application of Moneys Clause in Contracts

Application of Moneys. All moneys received by the Agent and/or the Security Trustee under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 18 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Partners L.P.)

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Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion13.1, shall be applied in the following manner:

Appears in 15 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 7 contracts

Samples: Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.), Agreement (DryShips Inc.)

Application of Moneys. All moneys received by the Payment Agent and/or the Security Trustee under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Payment Agent’s discretion, shall be applied in the following manner:

Appears in 5 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement, Navios Maritime Partners L.P.

Application of Moneys. All moneys received by the Agent and/or the Security Trustee under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 2 contracts

Samples: Agreement (StealthGas Inc.), Agreement (Box Ships Inc.)

Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s Agent's or (as the case may be) the Agent’s 's discretion, shall be applied in the following manner:

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security TrusteeAgent’s or (as the case may be) the Security Agent’s discretion, shall be applied in the following manner:

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

Application of Moneys. All moneys received by the Agent and/or the Security Trustee under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:this

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

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Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent or under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 1 contract

Samples: Agreement (FreeSeas Inc.)

Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Agent's or the Security Trustee’s or (as the case may be) the Agent’s 's discretion, shall be applied in the following manner:

Appears in 1 contract

Samples: Agreement (Seanergy Maritime Holdings Corp.)

Application of Moneys. All moneys received by the Agent and/or the Security Trustee Agent under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security TrusteeAgent’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 1 contract

Samples: Costamare Inc.

Application of Moneys. All moneys received by the Agent and/or any of the Security Trustee other Creditors under or pursuant to any of the Security Documents and expressed to be applicable in accordance with the provisions of this clause 13.1 or in a manner determined in the Security Trustee’s or (as the case may be) the Agent’s discretion, shall be applied in the following manner:

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

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