Common use of Currency and method of payments Clause in Contracts

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (a) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001-1-331808 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. - XX$628.75m facility"), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001-1-331808 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. Dryships Inc. - XX$628.75m facility"), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase BankCommerzbank AG, New York Branch (Account No 001-1-331808 No. 938026262 SWIFT Code: CHASUS 33 XXXXXXXX000 under reference "Dryshixx Xxx. “Paragon Shipping Inc. - XX$628.75m US$300 million facility"”), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the any Borrower to the Mandated Lead Arranger, the Agent, the Security Trustee or any Lender Lender, under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) in same day Dollar dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar 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); (iii) to the account of the Agent at JPMorgan Chase BankAgent, New York (Account No 001-1-331808 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. - XX$628.75m facility"), or to such other account with such other bank as the Agent may from time to time notify to the Borrower Borrowers and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower Borrowers and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City London time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001000-10-331808 000000 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. “Paragon Shipping Inc. - XX$628.75US$51.5m facility"”), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase XX Xxxxxx Xxxxx Bank, New York N.Y., USA (Account No 001-1-331808 No. 400930900 SWIFT Code: CHASUS 33 XXXXXX00 under reference "Dryshixx Xxx. Paragon Shipping Inc. - XX$628.75m US$90 million facility"), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001000-10-331808 000000 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. “Dryships Inc. - XX$628.75US$150m bridge facility"”), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001000-10-331808 000000 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. - XX$628.75“Paragon Shipping Inc.-US$110.32m facility"”), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) if in Dollars, to the account of the Agent at JPMorgan Chase BankCommerzbank AG, New York Branch (Account No 001-1-331808 account number 938026262; SWIFT Code: CHASUS 33 XXXXXXXX000 under reference "Dryshixx Xxx. Star Aurora LLC - XX$628.75m US$26 million facility"), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the Borrower to the Agent, the Security Trustee or any Lender under a Finance Document shall be made to the Agent or to the Security Trustee, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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); (iii) to the account of the Agent at JPMorgan Chase Bank, New York (Account No 001000-10-331808 000000 SWIFT Code: CHASUS 33 under reference "Dryshixx Xxx. “Paragon Shipping Inc. - XX$628.75US$108.25m facility"”), or to such other account with such other bank as the Agent may from time to time notify to the Borrower and the other Creditor Parties; and (iv) in the case of an amount payable to the Security Trustee, to such account as it may from time to time notify to the Borrower and the other Creditor Parties.

Currency and method of payments. All payments to be made: (a) by the Lenders to the Agent; or (ab) by the any Borrower to the Agent, the Security Trustee Agent or any Lender Lender, under a Finance Document shall be made to the Agent or to the Security TrusteeAgent, in the case of an amount payable to it: (i) by not later than 11.00 a.m. (New York City time) on the due date; (ii) 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);; and (iii) if in Dollars, to the account of the Agent at JPMorgan Chase Bank(SWIFT address: XXXXXXXX) with Deutsche Bank Trust Company Americas, New York York, USA (Account No 001-1-331808 SWIFT Codeaddress: CHASUS 33 under reference "Dryshixx Xxx. - XX$628.75m facility"XXXXXX00), or to such other account with such other bank as the Agent may from time to time notify to the Borrower Borrowers and the other Creditor Parties; and (iv) in the case of an amount payable Parties or to such other account with such other bank as the Security Trustee, to such account as it Agent may from time to time notify to the Borrower Borrowers and the other Creditor Parties.