Common use of Location of accounts Clause in Contracts

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

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

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

Location of accounts. The Borrower shall promptly: (a) comply or procure compliance by the Owners with any requirement of the Lender Facility Agent as to the location or re-location of the Earnings Retention Account, the Swap Account and the Retention Account Earnings Accounts (or either any of them); and (b) execute any documents which the Lender Facility Agent specifies to create or maintain in favour of the Lender Lenders a Security Interest over (and/or rights of set-offthe Retention Account, consolidation or other rights in relation to) the Earnings Swap Account and the Retention AccountEarnings Accounts (or any of them).

Location of accounts. The Borrower shall promptly: (a) comply comply, or procure compliance, with any requirement of the Lender as to the location or re-location of the Earnings Account and the Retention Account (or either of them)Operating Account; and (b) execute execute, or procure the execution of, any documents which the Lender specifies to create or maintain in favour of the Lender a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the Earnings Account and Operating Account, Provided that any cost incurred in relation to this Clause 18.3 shall be for the Retention Accountaccount of the Lender.

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

Location of accounts. The Borrower shall promptly: (a) comply or procure compliance by the Owners, with any requirement of the Lender as to the location or re-location of the an Earnings Account and or the Retention Account (or either of them)Danaos Earnings Account; and (b) execute or procure the execution by the Owners of, any documents which the Lender specifies to create or maintain in favour of the Lender a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the each Earnings Account Accounts and the Retention Danaos Earnings Account.

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

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

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

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

Location of accounts. The Borrower shall promptly: (a) comply or procure compliance by the Owners with any requirement of the Lender Agent as to the location or re-location of the Earnings Retention Account, the Swap Account and the Retention Account Earnings Accounts (or either any of them); and (b) execute any documents which the Lender Agent specifies to create or maintain in favour of the Lender Lenders a Security Interest over (and/or rights of set-offthe Retention Account, consolidation or other rights in relation to) the Earnings Swap Account and the Retention AccountEarnings Accounts (or any of them).

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Location of accounts. The Borrower shall promptly: (a) comply or procure compliance by the Owners, with any requirement of the Lender as to the location or re-location of the an Earnings Account and the Retention Account (or either of them)Account; and (b) execute execute, or procure the execution by the Owners of, any documents which the Lender specifies to create or maintain in favour of the Lender a Security Interest over (and/or rights of set-off, consolidation or other rights in relation to) the each Earnings Account and the Retention AccountAccounts.

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