Application of Receipts. 17.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 18 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement, Loan Agreement (Castor Maritime Inc.)
Application of Receipts. 17.1 Normal order of application application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Application of Receipts. 17.1 18.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Scorpio Bulkers Inc.)
Application of Receipts. 17.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document Document, after service of notice on the Borrower under Clause 19.2(a)(i) or (ii), shall be applied:
Appears in 2 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Application of Receipts. 17.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied: FIRST: in or towards satisfaction of any amounts then due and payable under the Finance Documents in the following proportions:
Appears in 1 contract
Application of Receipts. 17.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
Application of Receipts. 17.1 14.1 Normal order of application application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:applied:-
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Application of Receipts. 17.1 8.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
Application of Receipts. 17.1 Normal order of application Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied: FIRST: in or towards satisfaction of any amounts then due and payable under the Finance Documents in the following order and proportions:
Appears in 1 contract
Application of Receipts. 17.1 Normal order of application application, Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
