Common use of Transfers from Cash Collateral Account Clause in Contracts

Transfers from Cash Collateral Account. On the relevant Additional Prepayment Application Date, the Borrower shall procure that there is transferred from the Cash Collateral Account to the Lender, the amount of the Additional Prepayment and irrevocably authorises the Lender to make those transfers.

Appears in 6 contracts

Samples: Second Supplemental Agreement (Safe Bulkers, Inc.), First Supplemental Agreement (Safe Bulkers, Inc.), Third Supplemental Agreement (Safe Bulkers, Inc.)

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