Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 (The Security Agent).
Appears in 3 contracts
Samples: Facilities Agreement (Euronav NV), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility Agreement (Castor Maritime Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 32.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 32 (The Security Agent).
Appears in 3 contracts
Samples: Facility Agreement (Globus Maritime LTD), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor or BHL in relation to Clause 31.2 26.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor or BHL to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 31.1 (The Security AgentOrder of Application).
Appears in 2 contracts
Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 (Parallel Debt debt (Covenant covenant to pay the Security Agent)), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 (The Security Agent).
Appears in 2 contracts
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 26.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 31.1 (The Security AgentOrder of Application).
Appears in 2 contracts
Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 27.17 (Parallel Debt (Covenant to pay the Security Agent)Debt), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 32.1 (The Security AgentOrder of Application).
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Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor the Obligors in relation to Clause 31.2 β31.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor the Obligors to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 (The Security Agent).
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Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor Debtor in relation to Clause 31.2 21.2 (Parallel Debt (Covenant to pay the Security Agent)), the Security Agent agrees with each Obligor Debtor to apply all moneys from time to time paid by such Obligor Debtor to the Security Agent in accordance with the foregoing provisions of this Clause 31 19.1 (The Security AgentOrder of Application).
Appears in 1 contract
Samples: Intercreditor Agreement
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 31.2 23.2 (Parallel Debt debt (Covenant covenant to pay the Security Agent)), the Security Agent agrees with each Obligor to apply all moneys from time to time paid by such Obligor to the Security Agent in accordance with the foregoing provisions of this Clause 31 (The Security Agent)23.
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Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor the Borrower in relation to Clause 31.2 27.2 (Parallel Debt debt (Covenant covenant to pay the Security Agent)), the Security Agent agrees with each Obligor the Borrower to apply all moneys from time to time paid by such Obligor the Borrower to the Security Agent in accordance with the foregoing provisions of this Clause 31 (The Security Agent)27.
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