Common use of Appropriation rights overridden Clause in Contracts

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 29 contracts

Samples: Loan Agreement (EuroDry Ltd.), Facility Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Containers Inc.)

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Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 17.3 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 24 contracts

Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 20 contracts

Samples: Amending and Restating Deed (Global Ship Lease, Inc.), Supplemental Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Partners L.P.)

Appropriation rights overridden. This Clause 17 18 and any notice which the Agent gives under Clause 17.2 18.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any other Security Party.

Appears in 13 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Appropriation rights overridden. This Clause 17 18 and any notice which the Agent gives under Clause 17.2 18.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.

Appears in 12 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the either Borrower or any Security Party.

Appears in 10 contracts

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

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any Security Party.

Appears in 6 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 17.3 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any either Security Party.

Appears in 4 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Paragon Shipping Inc.)

Appropriation rights overridden. This Clause 17 and any notice which the Facility Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any other Security Party.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Seacastle Inc.), Amending and Restating Agreement (Seacastle Inc.)

Appropriation rights overridden. This Clause 17 (Application of Receipts) and any notice which the Agent gives under Clause 17.2 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Euronav NV)

Appropriation rights overridden. This Clause 17 (Application of Receipts) and any notice which the Agent Lender gives under Clause 17.2 (Variation of order of application ) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Toro Corp.)

Appropriation rights overridden. This Clause 17 and any notice which the Facility Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Appropriation rights overridden. This Clause 17 18 (Application of Receipts) and any notice which the Agent gives under Clause 17.2 18.2 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 2 contracts

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

Appropriation rights overridden. This Clause 17 (Application of Receipts) and any notice which the Agent gives under Clause 17.2 17.3 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any either Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

Appropriation rights overridden. This Clause 17 18 and any notice which the Agent gives under Clause 17.2 18.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Danaos Corp)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 17.3 shall override any right of appropriation possessed, and any appropriation made, by the either Borrower or any either Security Party.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Navios Maritime Acquisition CORP)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 17.1(a) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

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Appropriation rights overridden. This Clause 17 16 and any notice which the Agent gives under Clause 17.2 16.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Appropriation rights overridden. This Clause 17 and any notice which the Agent Security Trustee gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the either Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Appropriation rights overridden. This Clause 17 (Application of Receipts) and any notice which the Agent gives under Clause 17.2 17.3 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent Security Trustee gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Appropriation rights overridden. This Clause 17 14 and any notice which the Agent gives under Clause 17.2 14.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower Obligors or any Security Party.

Appears in 1 contract

Samples: Guarantee Facility Agreement (Euronav NV)

Appropriation rights overridden. This Clause 17 and 18and any notice which the Agent gives under Clause 17.2 18.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Appropriation rights overridden. This Clause 17 15 and any notice which the Agent gives under Clause 17.2 15.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 1 contract

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

Appropriation rights overridden. This Clause 17 19 and any notice which the Agent gives under Clause 17.2 19.2 shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)

Appropriation rights overridden. This Clause 17 22 and any notice which the Agent gives under Clause 17.2 22.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 1 contract

Samples: Facility Agreement (NewLead Holdings Ltd.)

Appropriation rights overridden. This Clause 17 and 17and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Appropriation rights overridden. This Clause 17 (Application of Receipts) and any notice which the Security Agent gives under Clause 17.2 (Variation of order of application) shall override any right of appropriation possessed, and any appropriation made, by the any Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Appropriation rights overridden. This Clause 17 and any notice which the Agent gives under Clause 17.2 shall override any right of appropriation possessed, and any appropriation made, by the a Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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