Common use of Application to Master Agreements Clause in Contracts

Application to Master Agreements. For the avoidance of doubt, Xxxxxx 22 does not apply in respect of sums due from the Borrowers to a Swap Counterparty under or in connection with a Master Agreement as to which sums the provisions of section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

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Application to Master Agreements. For the avoidance of doubt, Xxxxxx 22 23 does not apply in respect of sums due from any of the Borrowers to a Swap Counterparty under or in connection with a Master Agreement as to which sums the provisions of section Section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Application to Master Agreements. For the avoidance of doubt, Xxxxxx Cxxxxx 22 does not apply in respect of sums due from the Borrowers Borrower to a Swap Counterparty Bank under or in connection with a Master Agreement as to which sums the provisions of section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Application to Master Agreements. For the avoidance of doubt, Xxxxxx 22 does not apply in respect of sums due from the Borrowers Borrower to a Swap Counterparty Bank under or in connection with a Master Agreement as to which sums the provisions of section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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Application to Master Agreements. For the avoidance of doubt, Xxxxxx 22 23 does not apply in respect of sums due from the Borrowers Guarantor to a Swap Counterparty under or in connection with a Master Agreement as to which sums the provisions of section Section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Application to Master Agreements. For the avoidance of doubt, Xxxxxx 22 Cxxxxx 23 does not apply in respect of sums due from the Borrowers Borrower to a Swap Counterparty under or in connection with a Master Agreement as to which sums the provisions of section Section 2(d) (Deduction or Withholding for Tax) of that Master Agreement shall apply.

Appears in 1 contract

Samples: Loan Agreement (Eagle Bulk Shipping Inc.)

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