Escrow Fund Withdrawals. (a) The Secretary shall within a reasonable time after written Request from the Shipowner, disburse from the Escrow Fund directly to the Indenture Trustee, any Paying Agent for such Obligations, the Shipyard, or any other Person entitled thereto, any amount which the Shipowner is obligated to pay, or to the Shipowner for any amounts it has paid, on account of the items and amounts or any other items set forth in Table A annexed hereto or subsequently approved by the Secretary, provided that, the Secretary is satisfied with the accuracy and completeness of the information contained in the following submissions:
Appears in 3 contracts
Samples: Security Agreement (Ambassadors International Inc), Security Agreement (Chiles Offshore Inc/New/), Security Agreement (Ensco International Inc)
Escrow Fund Withdrawals. (a) The Secretary shall shall, within a reasonable time after written Request from the Shipowner, disburse from the Escrow Fund directly to the Indenture Trustee, any Paying Agent for such Obligations, the Shipyard, or any other Person entitled thereto, any amount which the Shipowner is obligated to pay, or to the Shipowner for any amounts it has paid, on account of the items and amounts or any other items set forth in Table A annexed hereto or subsequently approved by the Secretary, provided that, the Secretary is satisfied with the accuracy and completeness of the information contained in the following submissions:
Appears in 3 contracts
Samples: Security Agreement (American Classic Voyages Co), Security Agreement (American Classic Voyages Co), Security Agreement (American Classic Voyages Co)
Escrow Fund Withdrawals. (a) The Secretary Administrator shall within a reasonable time after written Request from the Shipowner, disburse from the Escrow Fund directly to the Indenture Trustee, any Paying Agent for such Obligations, the Shipyard, or any other Person entitled thereto, any amount which the Shipowner is obligated to pay, or to the Shipowner for any amounts it has paid, on account of the items and amounts or any other items set forth in Table A annexed hereto or subsequently approved by the SecretaryAdministrator, provided that, the Secretary Administrator is satisfied with the accuracy and completeness of the information contained in the following submissions:
Appears in 1 contract
Samples: www.maritime.dot.gov
Escrow Fund Withdrawals. (a) The Secretary shall within a reasonable time after written Request from the Shipowner, disburse from the Escrow Fund directly to the Indenture Trustee, any Paying Agent for such Obligations, the Shipyard, or any other Person entitled thereto, any amount which the Shipowner is obligated to pay, pay or to the Shipowner for any amounts it has paid, paid on account of the items and amounts or any other items set forth in Table A annexed hereto or subsequently approved by the Secretary), provided that, the Secretary is satisfied with the accuracy and completeness of the information contained in the following submissions:
Appears in 1 contract
