Common use of Location of accounts Clause in Contracts

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 16 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

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Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that the Owners comply, with any requirement of the Agent as to the location or re-location of any Earnings Account or the Accounts (or any of them); andRetention Account; (b) execute execute, and ensure that the Owners execute, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them) and the Retention Account.

Appears in 8 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 7 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 7 contracts

Samples: Loan Agreement (EuroDry Ltd.), Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Earnings Account.

Appears in 6 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account.

Appears in 5 contracts

Samples: Loan Agreement (Euronav NV), Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (Euronav NV)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Operating Accounts and the Retention Account (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsOperating Accounts and the Retention Account.

Appears in 4 contracts

Samples: Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that the Owners comply, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andEarnings Account; (b) execute execute, and ensure that the Owners execute, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 3 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (DryShips Inc.), Loan Agreement (Star Bulk Carriers Corp.)

Location of accounts. Each The Borrower shall promptly: (a) comply or, as the case may be, procure compliance by each Owner, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute or, as the case may be, procure the execution by each Owner of, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Deed of Amendment and Restatement (Capital Product Partners L.P.)

Location of accounts. Each Borrower shall promptlypromptly : (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any either of them); and; (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

Location of accounts. Each Borrower The Borrowers (or either of them) shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any either of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-re location of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Earnings Account.

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts its Earnings Account (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 2 contracts

Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Location of accounts. Each The Borrower shall, and shall procure that each Owner will, promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountseach Account.

Appears in 2 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsAccounts (or any of them).

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)its Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Account.

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts (or any of them)Account; and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent, Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsany Account.

Appears in 2 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

Location of accounts. Each Borrower shall promptly: (a) comply with any reasonable requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Location of accounts. Each Borrower shall (and Shall procure that each Collateral Owner shall) promptly: (a) comply with any requirement of the Agent as to the location or re-location of the relevant Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 2 contracts

Samples: Amending and Restating Deed, Amending and Restating Deed (Global Ship Lease, Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andOperating Account; (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsOperating Account.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsAccounts (or any of them).

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that the Owners comply, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andAccount; (b) execute execute, and ensure that the Owners execute, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsAccounts (or any of them).

Appears in 2 contracts

Samples: Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.)

Location of accounts. Each The Borrower shall promptly: (a) comply or, as the case may be, procure compliance by the Owner, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute or, as the case may be, procure the execution by the Owner of, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts and the Retention Accounts (or any of them); and; (b) execute (or procure the execution of) any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Retention Accounts (or any of them).

Appears in 2 contracts

Samples: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-re location of the Earnings Account and the Escrow Accounts (or any either of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts and the Escrow Accounts.

Appears in 2 contracts

Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts its Earnings Account (or any of them)) and the Cash Reserve Account; and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) its Earnings Account (or any of them) and the AccountsCash Reserve Account.

Appears in 1 contract

Samples: Term Loan Facility (Navios Maritime Partners L.P.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them); and; (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Location of accounts. Each Borrower shall promptly:: 662 EUROPE/66436786v5 (a) comply with any requirement of the Agent as to the location or re-re location of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Earnings Account.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts and the Debt Service Reserve Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts and the Debt Service Reserve Accounts.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of its Earnings Account and/or the Accounts (Retention Account or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee Agent a Security Interest over (the Earnings Accounts and/or rights the Retention Account or any of set-off, consolidation or other rights in relation to) the Accountsthem.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Location of accounts. Each Borrower shall promptlypromptly : (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (Earnings Accounts, the Retention Account or any of them), provided that those accounts must at all times be with the Account Bank; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Retention Account.

Appears in 1 contract

Samples: Supplemental Agreement (Navios Maritime Containers Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Operating Accounts and the Retention Account (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsOperating Accounts and the Retention Account.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location re‑location of the Earnings Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Location of accounts. Each The Borrower shall, and shall ensure each Owner shall, promptly: (a) comply with any requirement of the Paying Agent as to the location or re-location of the Earnings Accounts and the Retention Account (or any of them); and; (b) execute any documents which the Paying Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Retention Account.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Location of accounts. Each Borrower The Borrowers shall promptlypromptly : (a) comply with any requirement of the Agent as to the location or re-location of the Accounts Retention Account and the Earnings Account (or any either of them); and; (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsRetention Account and the Earnings Account.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Location of accounts. Each The Borrower shall promptly: : (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)Earnings Account in relation to the Borrower; and and (b) execute any documents which the Agent reasonably specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.Earnings Account in relation to the Borrower. 20

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that the Owners comply, with any requirement of the Agent as to the location or re-location of any Earnings Account or the Accounts (or any of them); andReserve Account; (b) execute execute, and ensure that the Owners execute, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them) and the Reserve Account.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts its Earnings Account (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.. ​

Appears in 1 contract

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts Earnings Account and the Retention Account (or any either of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account and the Retention Account.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that each Owner complies, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andrelevant Account; (b) execute execute, and ensure that each Owner executes, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsany relevant Account.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

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Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-re location of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.Trustee

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Location of accounts. Each The Borrower shall promptlypromptly : (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts (or any of them)Accounts; and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent, Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (Earnings Accounts, the Retention Account or any of them), provided that those accounts must at all times be with the Account Bank; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Retention Account.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of its Earnings Account and the Accounts Retention Account (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Retention Account.

Appears in 1 contract

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.)

Location of accounts. Each The Borrower shall, and shall ensure each Owner shall, promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Agent as to the location or re-location re‑location of the Earnings Accounts (or any either of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or either of them).

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any either of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or either of them).

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any of them)and the Retention Account; and (b) execute the Account Pledge with respect to each Earnings Account and the Retention Account and/or any other documents which the Agent specifies to create or maintain in favour favor of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) any of the AccountsEarnings Accounts and the Retention Account.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) a. comply with any requirement of the Agent as to the location or re-location re‑location of the Earnings Accounts (or any of them); and (b) b. execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts (or any either of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or either of them).

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Location of accounts. Each The Borrower shall promptly and shall procure that each Owner shall promptly: (a) comply with any requirement of the Agent as to the location or re-location re‑location of the Accounts any Earnings Account (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsrelevant Earnings Account.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) comply with any requirement of the Agent as to the location or re-location re‑location of the Accounts Operating Account(s) and the Retention Account (or any either of them); and; (b) execute any documents which the Agent specifies Lenders specify to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsOperating Account and the Retention Account.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Location of accounts. Each Borrower shall (and shall procure that each Collateral Owner shall) promptly: (a) comply with any requirement of the Agent as to the location or re-location of the relevant Accounts (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 1 contract

Samples: Second Amending and Restating Deed (Global Ship Lease, Inc.)

Location of accounts. Each The Borrower shall, and shall ensure each Owner shall, promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Earnings Accounts and the Cash Collateral Account (or any of them); and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and the Cash Collateral Account (or any of them).

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Location of accounts. Each The Borrower shall, and shall ensure the Owner shall, promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee Lenders a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Location of accounts. Each The Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andEarnings Account; (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts its Earnings Account and its Minimum Liquidity Account (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts and its Minimum Liquidity Account.

Appears in 1 contract

Samples: Term Loan Facility (Star Bulk Carriers Corp.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Earnings Account.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply and procure compliance from each Owner with any requirement of the Agent as to the location or re-location of any Earnings Account or the Accounts (or any of them)Borrower Account; and (b) execute procure execution of any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) any Earnings Account and execute any such documents for the AccountsBorrower Account.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location of the Accounts (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsAccounts (or any of them).

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Location of accounts. Each Borrower shall promptlypromptly : (a) comply with any requirement of the Agent as to the location or re-location re‑location of the Accounts (Earnings Accounts, the Retention Accounts, the Debt Service Reserve Account or any of them), provided that those accounts must at all times be with the Account Bank; and (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts and the Retention Accounts.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Location of accounts. Each Borrower The Borrowers shall promptly: (a) : comply with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); and (b) and execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accounts.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location relocation of the Accounts (or any of them)its Earnings Account; and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Agent Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Accounts.

Appears in 1 contract

Samples: Term Loan Facility (Navios South American Logistics Inc.)

Location of accounts. Each The Borrower shall promptly: (a) comply with any reasonable requirement of the Agent as to the location or re-location of the Accounts (or any of them); andEarnings Account (b) execute any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Account.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Location of accounts. Each Borrower shall promptly: (a) comply with any requirement of the Facility Agent as to the location or re-location of the Earnings Accounts (or any of them); and (b) execute any documents which the Facility Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the AccountsEarnings Accounts (or any of them).

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Location of accounts. Each The Borrower shall promptly: (a) comply comply, and ensure that each Owner complies, with any requirement of the Agent as to the location or re-location of the Accounts (or any of them); andits Earnings Account; (b) execute execute, and ensure that each Owner executes, any documents which the Agent specifies to create or maintain in favour of the Security Trustee a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Accountsits Earnings Account.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

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