Common use of Operating Accounts Clause in Contracts

Operating Accounts. withdrawals Unless the Agent (acting on the instructions of the Majority Banks) otherwise agrees in writing, no Borrower shall be entitled to withdraw any moneys from its Operating Account at any time from the date of this Agreement and so long as any moneys are owing under the Security Documents save that, unless and until a Default shall occur and the Agent (acting on the instructions of the Majority Banks) shall direct to the contrary, each Borrower may withdraw moneys from its Operating Account for the following purposes:

Operating Accounts. withdrawals Unless the Agent (acting on the instructions of the Majority Banks) Bank otherwise agrees in writing, no Borrower shall be entitled to withdraw any moneys from its Operating Account at any time from the date of this Agreement and so long as any moneys are owing under the Security Documents save that, unless and until a Default shall occur and the Agent (acting on the instructions of the Majority Banks) Bank shall direct to the contrary, each Borrower may withdraw moneys from its Operating Account for the following purposes:

Operating Accounts. withdrawals Unless the Agent (acting on the instructions of the Majority Banks) otherwise agrees in writing, no Borrower Owner shall be entitled to withdraw any moneys from its Operating Account at any time from the date of this Agreement and so long as any moneys are owing under the Security Documents save that, unless and until a Default shall occur and the Agent (acting on the instructions of the Majority Banks) shall direct to the contrary, each Borrower Owner may withdraw moneys from its Operating Account for the following purposes:

Operating Accounts. withdrawals Unless the Agent (acting on the instructions of the Majority Banks) otherwise agrees in writing, no neither Borrower shall be entitled to withdraw any moneys from its Operating Account at any time from the date of this Agreement and so long as any moneys are owing under the Security Documents save that, unless and until a Default shall occur and the Agent (acting on the instructions of the Majority Banks) shall direct to the contrary, each Borrower may withdraw moneys from its Operating Account for the following purposes:

Operating Accounts. withdrawals Unless the Agent (acting on the instructions of the Majority BanksLenders) otherwise agrees in writing, no Borrower none of the Owners shall be entitled to withdraw any moneys from its Operating Account at any time from the date of this Agreement and so long as any moneys are owing under the Security Documents save that, unless and until a an Event of Default shall occur and be continuing and the Agent (acting on the instructions of the Majority BanksLenders) shall direct to the contrary, each Borrower Owner may freely withdraw moneys from its the Operating Account for the following purposes:relative to its Ship.