Common use of Acceptance of Trusts Clause in Contracts

Acceptance of Trusts. The Security Trustee hereby accepts the trusts imposed upon it as Security Trustee by this Agreement, and the Security Trustee covenants and agrees to perform the same as herein expressed and agrees to receive and disburse all monies constituting part of the Estate in accordance with the terms hereof.

Appears in 31 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

AutoNDA by SimpleDocs

Acceptance of Trusts. The Security Trustee hereby accepts the trusts imposed upon it as Security Trustee by this Agreement, and the Security Trustee covenants and agrees to 129 β€Œ perform the same as herein expressed and agrees to receive and disburse all monies constituting part of the Estate in accordance with the terms hereof.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

AutoNDA by SimpleDocs

Acceptance of Trusts. The Security Trustee hereby accepts the trusts imposed upon it as Security Trustee by in this Agreement, Agreement declared and the Security Trustee covenants provided and agrees to perform the same as herein expressed and agrees to receive and disburse all monies constituting part of the Estate in accordance with upon the terms hereofand conditions herein set forth.

Appears in 1 contract

Samples: Security Trust Agreement (NUCRYST Pharmaceuticals Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!