Common use of SIXTHLY Clause in Contracts

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

Appears in 27 contracts

Sources: Loan Agreement (Euronav NV), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

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

Appears in 3 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Containers Inc.)

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

Appears in 3 contracts

Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Euronav NV)

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

Appears in 2 contracts

Sources: Term Loan Facility Agreement (Navios Maritime Partners L.P.), Supplemental Agreement (Navios Maritime Containers Inc.)

SIXTHLY. any surplus shall be paid to the Borrower Borrowers (or any 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.)