Common use of Fourthly Clause in Contracts

Fourthly. any surplus shall be paid to the Borrower or to any other person appearing to be entitled to it.

Appears in 3 contracts

Sources: Loan Agreement (Navios Maritime Containers Inc.), Loan and Guarantee Facility Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Fourthly. any surplus shall be paid to the Borrower Borrowers (or either of them) or to any other person appearing to be entitled to it.

Appears in 1 contract

Sources: Loan Agreement (Navios Maritime Partners L.P.)