Appropriations. Until all amounts which may be or become payable by the Credit Parties under or in connection with the Credit Documents have been irrevocably paid in full, each Lender Creditor (or any trustee or agent on its behalf) may: (i) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; and (ii) hold in an interest-bearing suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15.
Appears in 41 contracts
Sources: Loan Agreement (NCL CORP Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrower under or in connection with the Credit Finance Documents have been irrevocably paid in full, each the Lender Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that the Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Offshore Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the Offshore Guarantor or on account of the Offshore Guarantor’s liability under this Section 15Clause 16.
Appears in 3 contracts
Sources: Facility Agreement, Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrowers under or in connection with the Credit Finance Documents have been irrevocably paid in full, each Lender Creditor Finance Party (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor Finance Party (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing a suspense account (bearing interest at a commercial rate) any moneys received from the any Guarantor or on account of the that Guarantor’s liability under this Section 15Clause 14, with any interest earned being credited to that account.
Appears in 3 contracts
Sources: 5 Year Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co), 364 Day Facility Agreement (Vodafone Group Public LTD Co)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrower under or in connection with the Credit Finance Documents have been irrevocably paid in full, each the Lender Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that the Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing a suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15clause 16 (Guarantee and indemnity).
Appears in 2 contracts
Sources: Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Obligors under or in connection with the Credit Transaction Documents have been irrevocably paid in full, each the Lender Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that the Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the any Guarantor or on account of the any Guarantor’s 's liability under this Section 15Clause 17.
Appears in 2 contracts
Sources: Term Loan Facility Agreement (Gran Tierra Energy Inc.), Term Loan Facility Agreement
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrowers under or in connection with the Credit Finance Documents have been irrevocably paid in full, each Lender Creditor Finance Party (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor Finance Party (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing a suspense account (bearing interest at a commercial rate) any moneys received from the any Guarantor or on account of the that Guarantor’s 's liability under this Section 15Clause 14, with any interest earned being credited to that account.
Appears in 2 contracts
Sources: Facility Agreement (Vodafone Group Public LTD Co), Revolving Credit Facility (Vodafone Group Public LTD Co)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Party under or in connection with the Credit Transaction Documents have been irrevocably paid in full, each Lender Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Subsidiary Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the a Subsidiary Guarantor or on account of the a Subsidiary Guarantor’s liability under this Section 1518.
Appears in 2 contracts
Sources: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)
Appropriations. Until all amounts which may be or become payable by the Credit Parties under or in connection with the Credit Documents have been irrevocably paid in full, each Lender Creditor (or any trustee or agent on its behalf) may:
(i) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; andand (116)
(ii) hold in an interest-bearing suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15.
Appears in 2 contracts
Sources: Loan Agreement (NCL CORP Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrowers under or in connection with the Credit Finance Documents have been irrevocably paid in full, each Lender Creditor Finance Party (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor Finance Party (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing a suspense account (bearing interest at a commercial rate) any moneys received from the any Guarantor or on account of the that Guarantor’s liability under this Section Clause 15, with any interest earned being credited to that account.
Appears in 2 contracts
Sources: Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co)
Appropriations. Until all amounts which may be or become payable by the Credit Parties under or in connection with the Credit Documents have been irrevocably paid in full, each Lender Creditor (or any trustee or agent on its behalf) may:
(i) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; and
(ii) hold in an interest-bearing suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15.
Appears in 1 contract
Sources: Fourth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Obligors under or in connection with the Credit Transaction Documents have been irrevocably paid in full, each Lender Creditor the Purchaser (or any trustee or agent on its behalf) may:
(ia) refrain Refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor the Purchaser (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; and
(iib) hold Hold in an interest-bearing suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15Clause 13.
Appears in 1 contract
Sources: Prepayment Addendum (GeoPark LTD)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Loan Party under or in connection with the Credit Loan Documents have been irrevocably paid in full, each Lender Secured Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Secured Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the a Guarantor or on account of the a Guarantor’s liability under this Section 1518.
Appears in 1 contract
Sources: Credit Agreement (Tidewater Inc)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Obligors and UPC under or in connection with the Credit Guaranteed Documents have been irrevocably paid in full, each Lender Creditor Beneficiary (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor Beneficiary (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the no Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the any Guarantor or on account of the any Guarantor’s 's liability under this Section 15Clause 14.
Appears in 1 contract
Sources: Senior Secured Credit Facility (United Pan Europe Communications Nv)
Appropriations. Until all amounts which may be or become payable by the Credit Parties under or in connection with the Credit Documents have been irrevocably paid in full, each Lender Creditor (or any trustee or agent on its behalf) may:
(i) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the Guarantor shall not be entitled to the benefit of the same; andand
(ii) hold in an interest-bearing suspense account any moneys received from the Guarantor or on account of the Guarantor’s liability under this Section 15.
Appears in 1 contract
Sources: Third Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)
Appropriations. Until all amounts which may be or become payable by the Credit Parties Borrower under or in connection with the Credit Finance Documents have been irrevocably paid in full, each the Lender Creditor (or any trustee or agent on its behalf) may:
(ia) refrain from applying or enforcing any other moneys, security or rights held or received by that Lender Creditor (or any trustee or agent on its behalf) in respect of those amounts, or apply and enforce the same in such manner and order as it sees fit (whether against those amounts or otherwise) and the each Guarantor shall not be entitled to the benefit of the same; and
(iib) hold in an interest-bearing suspense account any moneys received from the any Guarantor or on account of the such Guarantor’s liability under this Section 15Clause 17.
Appears in 1 contract
Sources: Facility Agreement (Huang Julia)