Common use of Security Parties’ process agent Clause in Contracts

Security Parties’ process agent. a letter from each Security Party’s agent for receipt of service of proceedings referred to in each Security Document to which the relevant Security Party is a party, accepting its appointment under each of the relevant Security Documents;

Appears in 3 contracts

Samples: Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Imperial Petroleum Inc./Marshall Islands)

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Security Parties’ process agent. a letter from each Security Party’s agent for receipt of service of proceedings referred to in each Security Document to which the relevant Security Party is a party, accepting its appointment under each of the relevant Security Documents;; and

Appears in 2 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Security Parties’ process agent. a letter from each the relevant Security Party’s Parties’ agent for receipt of service of proceedings referred to in each Security Document to which the relevant Security Party is a party, accepting its appointment under each of the Security Documents referred to in this Part 2 and in which it is or is to be appointed as the relevant Security DocumentsParty's agent;

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

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Security Parties’ process agent. a letter from each Security Party’s agent for receipt of service of proceedings referred to in each Security Document to which the relevant Security Party is a party, accepting its appointment under each of the relevant Security DocumentsDocuments in which it is or is to be appointed as such Security Party’s agent;

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

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