Application of credit balances. Each Creditor Party may, following an Event of Default which is continuing, and with prior notice:
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Application of credit balances. Each Creditor Party may, following at any time after the occurrence of an Event of Default which is continuing or a Guarantee Facility Event of Default which is continuing, and with prior notice:
Appears in 2 contracts
Samples: International Seaways, Inc., Euronav NV
Application of credit balances. Each Creditor Finance Party may, following and its Affiliates may at any time after an Event of Default has occurred which is continuing, continuing and with without prior notice:
Appears in 1 contract
