Restriction on. withdrawal During the Facility Period no sum may be withdrawn from the Earnings Account (except in accordance with this Clause 12) without the prior written consent of the Lender.
Appears in 1 contract
Sources: Secured Loan Agreement (Danaos Corp)
Restriction on. withdrawal During the Facility Period no sum may be withdrawn from the Earnings Account Accounts (except in accordance with this Clause 1217) without the prior written consent of the LenderSecurity Agent. The Accounts shall not be overdrawn.
Appears in 1 contract
Restriction on. withdrawal During the Facility Period no sum may be withdrawn from the Earnings Account Accounts (except in accordance with this Clause 1217) without the prior written consent of the LenderMajority Lenders.
Appears in 1 contract
Sources: Secured Loan Agreement