Common use of NOW THIS DEED WITNESSETH as follows Clause in Contracts

NOW THIS DEED WITNESSETH as follows. (a) The Security Trustee hereby acknowledges and declares that, from the date of this Deed, it holds and shall hold the Trust Property on trust from time to time and at all times for the other Banks on the terms and basis set out in the Loan Agreement.

Appears in 9 contracts

Samples: Facility Agreement (Pyxis Tankers Inc.), EuroDry Ltd., Euroseas Ltd.

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NOW THIS DEED WITNESSETH as follows. (a) 1. The Security Trustee hereby acknowledges and declares that, from the date of this Deed, it holds and shall hold the Trust Property on trust from time to time and at all times for certain of the other Banks Creditors on the terms and basis set out in the Loan Agreement.

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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NOW THIS DEED WITNESSETH as follows. (a) 1 The Security Trustee hereby acknowledges and declares that, from the date of this Deed, it holds and shall hold the Trust Property on trust from time to time and at all times for the other Banks Lenders, the Facility Agent and the Swap Provider on the terms and basis set out in the Loan Agreement.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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