Common use of Total Amount Clause in Contracts

Total Amount. For the purpose of recording this Mortgage as required by Chapter 3 of the Republic of The Xxxxxxxx Xxxxxxx Xxxxxxxx Xxx 0000 as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Two hundred and ten million Dollars $210,000,000 together with interest, fees, commissions and performance of mortgage covenants. The date of maturity of this Mortgage is on demand and there is no separate discharge amount.

Appears in 5 contracts

Samples: Mortgage Agreement (Knightsbridge Tankers LTD), Mortgage Agreement (Knightsbridge Tankers LTD), Mortgage Agreement (Knightsbridge Tankers LTD)

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Total Amount. For the purpose of recording this Mortgage as required by Chapter 3 of the The Republic of The Xxxxxxxx Mxxxxxxx Xxxxxxx Xxxxxxxx Xxx 0000 as amended, the total amount of the direct and contingent obligations secured by this Mortgage is Two hundred and ten million Dollars $210,000,000 US$50,000,000 together with interest, fees, commissions and performance of mortgage covenants. The date of maturity of this Mortgage is on demand and there is no separate discharge amount.

Appears in 1 contract

Samples: Preferred Marshall Islands Mortgage (Eagle Bulk Shipping Inc.)

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