Physical Delivery. In respect of any physically-settled Transactions, it will, at the time of delivery, be the legal and beneficial owner, free of liens and encumbrances, of any securities or commodities, which it delivers to the other party.”
Appears in 3 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Master Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Safe Bulkers, Inc.)
Physical Delivery. In respect of any physically-physically settled Transactions, it willis, at the time of delivery, be the legal and beneficial owner, free of liens and other encumbrances, of any securities or commodities, which it delivers commodities delivered to the other party.”Party; and
Appears in 1 contract
Samples: Master Agreement
Physical Delivery. In respect of any physically-physically settled Transactions, it will, at the time of delivery, be the legal and beneficial owner, free of liens and other encumbrances, of any securities or commodities, which commodities it delivers to the other partyParty.”"
Appears in 1 contract
Samples: Master Agreement (Starwood Hotel & Resorts Worldwide Inc)
