Application of credit balances. Each Creditor Party may without prior notice to the Borrower but with prior notice to the Agent:
Appears in 9 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Application of credit balances. Each Creditor Party may without prior notice to the Borrower Borrowers but with prior notice to the Agent:
Appears in 8 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Castor Maritime Inc.)
Application of credit balances. Each If an Event of Default is continuing, each Creditor Party may without prior notice to the Borrower Borrowers but with prior notice to the Agent:
Appears in 1 contract