Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 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 32 (The Security Agent).
Appears in 3 contracts
Samples: Facility Agreement (Globus Maritime LTD), Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 32.2 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 32 31 (The Security Agent).
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Assignment Agreement (Castor Maritime Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 32.2 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 32 31 (The Security Agent).
Appears in 2 contracts
Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility 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 32.2 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 32 31.1 (The Security AgentOrder of Application).
Appears in 2 contracts
Samples: Assignment 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 or BHL in relation to Clause 32.2 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 32 31.1 (The Security AgentOrder of Application).
Appears in 2 contracts
Samples: Search and Rescue (Bristow Group Inc.), Agreement (Bristow Group Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor in relation to Clause 32.2 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 32 (The Security Agent)23.
Appears in 1 contract
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor the Obligors in relation to Clause 32.2 31.2 (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 32 31 (The Security Agent).. 138
Appears in 1 contract
Samples: Agreement (Global Ship Lease, Inc.)
Application and consideration. In consideration for the covenants given to the Security Agent by each Obligor Debtor in relation to Clause 32.2 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 32 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 32.2 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 32 32.1 (The Security AgentOrder of Application).
Appears in 1 contract
