Common use of Application of retentions Clause in Contracts

Application of retentions. (a) The Security Agent has sole signing rights in relation to the Retention Account.

Appears in 3 contracts

Samples: Agreement (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

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Application of retentions. (a) The Security Agent has sole signing rights in relation to the Retention Debt Service Reserve Account.

Appears in 1 contract

Samples: Facility Agreement (Okeanis Eco Tankers Corp.)

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