Application of cash collateral security. Subject always to the overriding provisions of Clause 18, moneys received by the Lender pursuant to Clause 10.6 shall be applied (as between the Borrower on the one hand and the Lender on the other) in the following manner:
Appears in 1 contract
Samples: Loan Agreement (Aegean Marine Petroleum Network Inc.)
Application of cash collateral security. Subject always to the overriding provisions of Clause 1819, moneys received by the Lender Agent for the account of the Guarantee Issuer pursuant to Clause 10.6 12.6 shall be applied (as between the Borrower on the one hand and the Lender Guarantee Issuer on the other) in the following manner:
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Application of cash collateral security. Subject always to the overriding provisions of Clause 18, moneys received by the Lender Agent for the account of the Issuing Bank and the Lenders pursuant to Clause 10.6 32.7 shall be applied (as between the Borrower on the one hand and the Lender Issuing Bank and the Lenders on the other) in the following manner:
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Application of cash collateral security. Subject always to the overriding provisions of Clause 1822, moneys received by the Lender Agent for the account of the Issuing Bank pursuant to Clause 10.6 12.7 shall be applied (as between the Borrower Borrowers on the one hand and Issuing Bank and the Lender Lenders on the other) in the following manner:
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
