Notice of variation of order of application. The Issuer may give notices under ▇▇▇▇▇▇ 12.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.
Appears in 2 contracts
Sources: Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)
Notice of variation of order of application. The Issuer may give notices under ▇▇▇▇▇▇ Clause 12.2 from time to time; and such a notice may be stated to apply not only to sums which may be received or recovered in the future, but also to any sum which has been received or recovered on or after the third Business Day before the date on which the notice is served.
Appears in 1 contract
Sources: Guarantee Facility Agreement (TBS International PLC)