Common use of Notice of variation of order of application Clause in Contracts

Notice of variation of order of application. The Agent may give notices under Clause 17.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 84 contracts

Samples: Agreement (Dynagas LNG Partners LP), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Management Inc.)

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Notice of variation of order of application. The Agent may give notices under Clause 17.2 18.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 26 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Credit Agreement (Scorpio Bulkers Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 17.3 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 14 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Notice of variation of order of application. The Agent may give notices under Clause Xxxxxx 17.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 8 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Management Inc.), Loan Agreement (TBS International PLC)

Notice of variation of order of application. The Facility Agent may give notices under Clause 17.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 6 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 4 contracts

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

Notice of variation of order of application. The Agent may give notices under Clause 17.2 16.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 3 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Euronav NV)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 17.1(a) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is servedserved and which have not yet been applied.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 18.2 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 2 contracts

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

Notice of variation of order of application. The Agent may give notices under Clause 17.2 14.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 2 contracts

Samples: Loan Agreement (Alma Maritime LTD), Agreement (Euronav NV)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 15.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 19.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 22.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 17.3 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

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Notice of variation of order of application. The Agent may give notices under Clause 17.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered (but not already applied) on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 Xxxxxx 17.3 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 Xxxxxx 17.3 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

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

Notice of variation of order of application. The Agent may shall give notices under Clause 17.2 18.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 Xxxxxx 17.3 (Variation of order of application) from time to timetime following the occurrence of an Event of Default which is continuing; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered (but not already applied) on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of variation of order of application. The Agent may give notices under Clause Cxxxxx 17.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of variation of order of application. The Agent may give notices under Clause 17.2 from 17.3 (Variation of order of application)from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Notice of variation of order of application. The Security Agent may give notices under Clause Xxxxxx 17.2 (Variation of order of application) from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.

Appears in 1 contract

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

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