Common use of Sufficient monies Clause in Contracts

Sufficient monies. The Borrower hereby warrants that sufficient monies to meet the next Repayment Instalment plus interest thereon will be accumulated each and every month in the Earnings Account.

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

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Sufficient monies. The Borrower hereby warrants that sufficient monies (taking always into account the Pledged Deposit) to meet the next Repayment Instalment plus interest thereon will be accumulated each and every month in the Earnings Borrower’s Operating Account.

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

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Sufficient monies. The Borrower hereby warrants that sufficient monies to meet the next Repayment Instalment plus interest thereon will be accumulated each and every month in the Earnings Operating Account.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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