Common use of Variation of order of application Clause in Contracts

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 20 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Agreement (Diana Shipping Inc.)

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Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 11 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 10 contracts

Samples: Loan Agreement, Loan Agreement (Euronav NV), Agreement (Euronav NV)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankCounterparties, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 9 contracts

Samples: Agreement (Scorpio Bulkers Inc.), Loan Agreement, Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (but not, for the avoidance of doubt, that set out in Clause 17.2) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 8 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (but not, for the avoidance of doubt, that set out in Clause 17.2) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 7 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 6 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 5 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 5 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Agreement (NewLead Holdings Ltd.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 4 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Variation of order of application. The Facility Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankCounterparties, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 4 contracts

Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (GasLog Partners LP)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankCounterparties, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 3 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categoriescategories Provided that Clause 17.1(c) shall not be deleted or rendered ineffective unless an Event of Default has occurred or is continuing.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by written notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

Variation of order of application. The Facility Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap Bank, Banks by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (other than paragraph (a)(i) which cannot be amended) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Euronav NV)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, Banks by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and of the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)

Variation of order of application. The Agent may, following the occurrence of an Event of Default or a Potential Event of Default which is continuing, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 16.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Variation of order of application. The Agent may, following the occurrence of an Event of Default or a Potential Event of Default which is continuing, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority all Lenders and the Swap Bank, Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Danaos Corp)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Execution Version (Navios Maritime Containers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application) but not, for the avoidance of doubt, that set out in Clause 17.2 (Application by any covered bond Lender) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 (Normal order of application) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankCounterparties, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders Lenders, the Issuing Bank and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Variation of order of application. The Agent may, following the occurrence of an Event of Default or a Potential Event of Default which is continuing, with the authorisation of the Majority Lenders and the Swap Bank, Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Agreement (Euroseas Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Variation of order of application. The Security Agent may, with the authorisation of the Majority Lenders and the Swap Bank, may by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 16.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Variation of order of application. The Agent may, with the authorisation of the Majority all Lenders and the Swap BankBanks, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (other than sub-clause (a)) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

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Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankBankBanks, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Variation of order of application. The Following the occurrence of an Event of Default which is continuing, the Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application) (but not, for the avoidance of doubt, that set out in Clause 17.2 (Application by any covered bond Lender)) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap Bankall Lenders, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards to sums in a specified category or categories.

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categoriescategories Provided always that any amendments that purport to change the order of priority in which the Agent is to apply proceeds as between the Finance Documents and any Master Agreements under Clause 17.1 shall require the consent of all Lenders.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap BankBanks, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (Normal order of application ) (but not, for the avoidance of doubt, that set out in Clause 17.2 (Application by any covered bond Lender)) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Variation of order of application. The Except for Clause 18.1(a)(i), the Agent mayshall, with following the authorisation written direction of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 (a)(ii) through (iv) either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 22.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Agreement (NewLead Holdings Ltd.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap Bank, Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Variation of order of application. The If an Event of Default has occurred and is continuing, the Agent may, with the authorisation of the Majority Lenders and the Swap BankCounterparties, by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the each Lender and, of each Swap Bank, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankBanks, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap Bankall Lenders, by notice to the Borrowers, the other Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards to sums in a specified category or categories.

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 (other than sub-clause (a)) either as regards a specified sum or sums or as regards sums in a specified category or categoriescategories and provided that all Lenders approval (and approval of the Borrower) shall be required for any change to the priority as between the Lenders and the Swap Banks.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 19.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)

Variation of order of application. The Agent may, with the authorisation of all the Majority Lenders and the Swap BankBanks, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankCounterparties, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.Clause

Appears in 1 contract

Samples: Loan Agreement

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 15.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Variation of order of application. The Agent may, with the authorisation authorization of the Majority Lenders and the Swap BankBanks, by notice to the BorrowersBorrower, the other Security Parties and the other Creditor Parties provide for a different manner 96 ‌ of application from that set out in Clause 17.1 18.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankLenders, by notice to the Borrowers, Borrower and the Security Parties and the other Creditor Parties Parties, provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Variation of order of application. The Agent may, with the authorisation of the Majority Lenders and the Swap BankBanks, by notice to the BorrowersObligors, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 14.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Appears in 1 contract

Samples: Agreement (Euronav NV)

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