Common use of Restriction on withdrawal Clause in Contracts

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 10) without the prior written consent of the Agent (such consent not to be unreasonably withheld).

Appears in 1 contract

Samples: Loan Agreement (Energy Infrastructure Merger CORP)

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Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 10Clause) without the prior written consent of the Agent (such consent not to be unreasonably withheld)Bank.

Appears in 1 contract

Samples: Loan Agreement (Excel Maritime Carriers LTD)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 10Clause) without the prior written consent of the Agent (such consent not to be unreasonably withheld)Agent.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 1017) without the prior written consent of the Agent (such consent Security Agent. The Accounts shall not to be unreasonably withheld)overdrawn.

Appears in 1 contract

Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts Retention Account (except in accordance with this Clause 10Clause) without the prior written consent of the Agent (such consent not to be unreasonably withheld)Agent.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

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Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 1010 and Clause 5.9) without the prior written consent of the Agent (such consent not to be unreasonably withheld)Lender.

Appears in 1 contract

Samples: Loan Agreement (DHT Holdings, Inc.)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 1017) without the prior written consent of the Security Agent (such consent not to be unreasonably withheldwithheld if no Event of Default has occurred). The Accounts shall not be overdrawn.

Appears in 1 contract

Samples: Loan Agreement (DHT Holdings, Inc.)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Accounts (except in accordance with this Clause 1016) without the prior written consent of the Security Agent (such consent not to be unreasonably withheldwithheld if no Event of Default has occurred). The Accounts shall not be overdrawn.

Appears in 1 contract

Samples: Amending and Restating Agreement (DHT Holdings, Inc.)

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