Common use of Requisition Compensation Clause in Contracts

Requisition Compensation. shall be held by it upon trust in the first place to pay or make good the Expenses and the balance shall be applied in the manner specified in clause 14.1 of the Loan Agreement.

Appears in 6 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Requisition Compensation. shall be held by it upon trust in the first place to pay or make good the Expenses and the balance shall be applied in the manner specified in clause 14.1 34.24.1 of the Loan Agreement.

Appears in 3 contracts

Samples: DryShips Inc., DryShips Inc., DryShips Inc.

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