Common use of Currency and method of payments Clause in Contracts

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Alegria Shipping LTD"Corporation et al”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Dune Shipping LTD"Corp. and Citrine Shipping Corporation”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD"“Capital Product Partners L.P.—US$460m facility”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Amorgos Shipping LTD"Corporation et al”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Amorgos Shipping LTD"Corporation et al”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX JX Xxxxxx Xxxxx Cxxxx Bank, New York (SWIFT Code XXXXXX00CXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXXHXXXXXXX; Reference "Ultra One Shipping LTDSixthone Corp. and Seventhone Corp.") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One " Alcyone International Marine Inc., Neptune International Shipping LTDand Trading S.A. and Paloma Marine S.A.") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Cinderella Shipping LTD"Co. et al”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH FISH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTDStar Challenger I LLC and Star Challenger II LLC") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower or any Owner under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower or any Owner to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD"“Navios Maritime Acquisition Corporation”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of Hamburg Commercial Bank AG (formerly known as HSH Nordbank AG, Hamburg), SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD"“Capital Product Partners L.P.—US$460m facility”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Cerulean Shipping LTD"Corporation et al”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Red Rose Shipping LTD"Corp.”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Lefkada Shipping LTD"Corporation”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTDOE 5514 Star Cosmo LLC et al") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTDMAGIC HORIZON / MAGIC NOVA") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD"“Capital Product Partners L.P. - US$38.5m facility”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Lefkada Shipping LTD"Corporation”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX J.X. Xxxxxx Xxxxx Bank, New York Cxxxx Bank (SWIFT Code XXXXXX00CXXXXX00) 67 EUROPE/71630549v6 (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXXHXXXXXXX; Reference "Ultra One Shipping LTDCapital Product Partners L.P. - US$105m facility") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the either Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the either Borrower to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Sea Glorius Shipping LTDCo. et al") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower or any Owner under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower or any Owner to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Shipping LTD"“Navios Maritime Partners L.P.”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower to the Agent or any Lender, to the account of the Agent at XX X.X. Xxxxxx Xxxxx Bank, New York Bank (SWIFT Code XXXXXX00) (Account No. 000-0-000 001 1331 808 in favour of HSH Nordbank Hamburg Commercial Bank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One Kamsarmax Two Shipping LTDLtd – $14,000,000 facility") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor Parties; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the Borrower Borrowers under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the Borrower Borrowers to the Agent or any Lender, to the account of the Agent at XX Xxxxxx Xxxxx Bank, New York (SWIFT Code XXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXX; Reference "Ultra One “Tinos Shipping LTD"Corporation and Thera Shipping Corporation”) or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made by the Lenders or by the any Borrower under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (a) by not later than 11.00 a.m. (New York City time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Agent shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); (c) in the case of an amount payable by a Lender to the Agent or by the any Borrower to the Agent or any Lender, to the account of the Agent at XX JX Xxxxxx Xxxxx Cxxxx Bank, New York (SWIFT Code XXXXXX00CXXXXX00) (Account No. 000-0-000 808 in favour of HSH Nordbank AG, Hamburg, SWIFT Code XXXXXXXXHXXXXXXX; Reference "Ultra One Shipping LTDAmathus Owning Company Limited, Symi Owners Inc. and Kalymnos Owners Inc.") or to such other account with such other bank as the Agent may from time to time notify in writing to the Borrower and the other Creditor PartiesBorrowers; and (d) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify in writing to the Borrower Borrowers and the other Creditor Parties.