Common use of Restriction on withdrawal Clause in Contracts

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account (except in accordance with this Clause 10.7) without the prior written consent of the Lender.

Appears in 1 contract

Samples: Secured Loan Agreement (Top Ships Inc.)

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Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account (except in accordance with this Clause 10.7Clause) without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Loan Facility Agreement (Mc Shipping Inc)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account (except in accordance with this Clause 10.712) without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account Accounts (except in accordance with this Clause 10.7Clause) without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Loan Facility Agreement (Mc Shipping Inc)

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Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account Accounts (except in accordance with the relevant Collateral Loan Agreement and this Clause 10.710) without the prior written consent of the LenderAgent.

Appears in 1 contract

Samples: Secured Loan Agreement (DryShips Inc.)

Restriction on withdrawal. During the Facility Period no sum may be withdrawn from the Earnings Account (except in accordance with this Clause 10.710) without the prior written consent of the Lender.

Appears in 1 contract

Samples: Secured Loan Agreement (Top Ships Inc.)

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