Common use of Application of Receipts Clause in Contracts

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 (Application of receipts; partial payments).

Appears in 8 contracts

Samples: Assignment Agreement (Euroseas Ltd.), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Navios Maritime Partners L.P.)

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Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 35.5 (Application of receipts; partial payments).

Appears in 8 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (Globus Maritime LTD), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 32.5 (Application of receipts; partial payments).

Appears in 7 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 34.5 (Application of receipts; partial payments).

Appears in 6 contracts

Samples: Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Assignment Agreement (Castor Maritime Inc.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 36.5 (Application of receipts; partial payments).

Appears in 5 contracts

Samples: Agreement (Okeanis Eco Tankers Corp.), Assignment Agreement (Ardmore Shipping Corp), Humber Shipco LLC (Ardmore Shipping Corp)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 38.5 (Application of receipts; partial payments).

Appears in 3 contracts

Samples: Facilities Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 37.5 (Application of receipts; partial payments).

Appears in 3 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 (Application of receipts; partial payments).

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

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Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 β€Ž33.5 (Application of receipts; partial payments).

Appears in 2 contracts

Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 28.5 (Application of receipts; partial payments).

Appears in 1 contract

Samples: Assignment Agreement (DryShips Inc.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 39.5 (Application of receipts; partial payments).

Appears in 1 contract

Samples: And Restatement Agreement (Ardmore Shipping Corp)

Application of Receipts. Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 34.5 (Application of receipts; partial payments).

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Application of Receipts. Except as expressly stated to the contrary in any Finance Loan Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 33.5 Section 7.5 (Application of receiptsReceipts; partial paymentsPartial Payments).

Appears in 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

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