Common use of RISK OF DISPATCHES Clause in Contracts

RISK OF DISPATCHES. If the Bank, by order of the Customer, dispatches moneys or securities to the Customer or to third parties, such dispatch shall be at the Bank's risk. If the Bank, by order of the Customer, dispatches other goods and/or documents of title to the Customer or to third parties, such dispatch shall be at the Customer's risk.

Appears in 3 contracts

Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.)

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RISK OF DISPATCHES. If the Bank, by order of the Customer, dispatches moneys or securities to the Customer or to third parties, such dispatch shall be at the Bank's ’s risk. If the Bank, by order of the Customer, dispatches other goods and/or documents of title to the Customer or to third parties, such dispatch shall be at the Customer's ’s risk.

Appears in 3 contracts

Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (Interface Inc), Credit Agreement (Interface Inc)

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RISK OF DISPATCHES. If the Bank, by order of the Customer, dispatches moneys or securities to the Customer or to third parties, such dispatch shall be at the Bank's risk. GENERAL CONDITIONS 3 If the Bank, by order of the Customer, dispatches other goods and/or documents of title to the Customer or to third parties, such dispatch shall be at the Customer's risk.

Appears in 2 contracts

Samples: Exchangeable Loan Agreement (Vedior Nv), Loan Agreement (Vedior Nv)

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