Common use of Loan and control Clause in Contracts

Loan and control. accounts The Borrowers will open and maintain with the Agent such loan and control accounts as the Agent shall consider necessary or desirable.

Appears in 2 contracts

Sources: Loan Facility Agreement (Mc Shipping Inc), Loan Facility Agreement (Mc Shipping Inc)

Loan and control. accounts The Borrowers Borrower will open and maintain with the Agent such loan and control accounts as the Agent shall in its discretion consider necessary or desirable.

Appears in 1 contract

Sources: Secured Loan Facility Agreement (Euroseas Ltd.)

Loan and control. accounts ACCOUNTS The Borrowers will open and maintain with the Agent such loan and control accounts as the Agent shall in its discretion consider necessary or desirable.

Appears in 1 contract

Sources: Secured Loan Facility Agreement (Euroseas Ltd.)