Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 128 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document shall be applied:
Appears in 47 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Diana Shipping Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:applied:-
Appears in 6 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (TBS International PLC)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:applied:‑
Appears in 5 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document and the Master Agreement shall be applied:
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Danaos Corp)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Issuer under or by virtue of any Finance Document shall be applied:
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document after service of notice on the Borrower under Clause 19.2(a)(i) or (ii) shall be applied:
Appears in 3 contracts
Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Loan Agreement (B Plus H Ocean Carriers LTD)
Normal order of application. Except as any Finance Document (including, without limitation, the Intercreditor Deed) may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document shall be applied:
Appears in 2 contracts
Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document after service of notice on the Borrowers under Clause 19.2(a)(i) or (ii) shall be applied:
Appears in 2 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (Top Ships Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document Document, after service of notice on the Borrowers under Clause 19.2(a)(i) or (ii), shall be applied:
Appears in 1 contract
Normal order of application. Except as any Finance Document and the provisions of the Co-ordination Deed relating to the Loan/Guarantee Finance Documents may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
Samples: Agreement (Euronav NV)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document shall be applied:applied:-
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party the Lender under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document or the Master Agreements shall be applied:
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, and subject to the Intercreditor Agreement, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document shall be applied:
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Normal order of application. Except as any Finance Document may otherwise provide, any sums which are received or recovered by any Creditor Party under or by virtue of any Finance Document after the occurrence of an Event of Default that is continuing shall be applied:
Appears in 1 contract
Samples: Loan Agreement (Seacastle Inc.)
