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: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility 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
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
