Blocked Cash Collateral Account. Nothwithstanding any provision in the Facility Agreement, the Borrower will not be entitled to withdraw all or any part of the account balance of the Cash Collateral Account without the prior written consent of the Lender.
Appears in 5 contracts
Samples: Supplemental Agreement (Safe Bulkers, Inc.), Third Supplemental Agreement (Safe Bulkers, Inc.), Second Supplemental Agreement (Safe Bulkers, Inc.)
Blocked Cash Collateral Account. Nothwithstanding Notwithstanding any provision in the Facility Agreement, the Borrower will not be entitled to withdraw all or any part of the account balance of the Cash Collateral Account without the prior written consent of the Lender.
Appears in 1 contract
