Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 7 contracts
Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 36 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 6 contracts
Samples: Term Loan Facility (United Maritime Corp), Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 33 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 5 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor Obligors or in accordance with Clause 34 35 (Set-Offoff)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 4 contracts
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 35 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facility Agreement (Global Ship Lease, Inc.), Term Loan Facility (Navios Maritime Partners L.P.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 34 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facility Agreement (United Maritime Corp), Term Loan Facility (Seanergy Maritime Holdings Corp.)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 37 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the Transaction Obligor or in accordance with Clause 34 29 (Set-Offoff)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Facility Agreement (Advanced Technology (Cayman) LTD)
Distributions to a Transaction Obligor. The Facility Agent may (with the consent of the a Transaction Obligor or in accordance with Clause 34 36 (Set-Off)) apply any amount received by it for that Transaction Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Transaction Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
