Common use of Notice of variation of order of application Clause in Contracts

Notice of variation of order of application. shall override any right of appropriation possessed, and any appropriation made, by the Borrower or any other Security Party.

Appears in 6 contracts

Sources: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.)

Notice of variation of order of application. shall override any right of appropriation possessed, and any appropriation made, by the Borrower Borrowers or any other Security Party.

Appears in 1 contract

Sources: Loan Agreement (Imperial Petroleum Inc./Marshall Islands)