Common use of Use of Owner's name Clause in Contracts

Use of Owner's name. The Owner covenants and undertakes with the Security Agent to do or permit to be done each and every act or thing which the Security Agent may from time to time require to be done for the purpose of enforcing the Security Agent’s rights under this Deed and to allow its name to be used as and when required by the Security Agent for that purpose.

Appears in 2 contracts

Samples: DryShips Inc., DryShips Inc.

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Use of Owner's name. The Owner covenants and undertakes with the Security Agent Mortgagees to do or permit to be done each and every act or thing which the Security Agent may from time to time require to be done for the purpose of enforcing the Security Agent’s Mortgagees' rights under this Deed and to allow its name to be used as and when required by the Security Agent (acting on the instructions of the Majority Banks) for that purpose.

Appears in 2 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)

Use of Owner's name. The Owner covenants and undertakes with the Security Agent to do or permit to be done each and every act or thing which the Security Agent may from time to time require to be done for the purpose of enforcing the U1e Security Agent’s 's rights under this Deed and to allow its name to be used as and when required by the Security Agent for that purpose.

Appears in 1 contract

Samples: DryShips Inc.

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Use of Owner's name. The Owner covenants and undertakes with the Security Agent Trustee to do or permit to be done each and every act or thing which the Security Agent Trustee may from time to time require to be done for the purpose of enforcing the Security Agent’s Trustee's rights under this Deed and to allow its name to be used as and when required by the Security Agent Trustee for that purpose.

Appears in 1 contract

Samples: Loan Agreement (American Eagle Tankers Inc LTD)

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