Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make available to the Borrowers a loan facility not exceeding $130,000,000 to be drawn in a single advance.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders shall make available to the Borrowers a senior secured term loan facility of up to $32,000,000 in two Advances (Advance A to be drawn down in two tranches).
Amount of facility. In no event may the Aggregate Outstanding Credit Exposure exceed the Aggregate Commitment.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders severally agree to make available to the Borrowers a loan facility in the principal amount of up to the lesser of $40,000,000 or 65% of the aggregate Fair Market Value of the Ships as of the date of this Agreement.
Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make available to the Borrower a loan facility, in a single advance, not exceeding the lesser of (i) an amount equal to 50 per cent. of the Initial Market Value of the Ship and (ii) $25,000,000.
Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make available to the Borrower a loan facility not exceeding $22,000,000 in up to four Advances.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders agree to make available to the Borrower a loan not exceeding the Maximum Loan Amount intended to be applied as follows:
Amount of facility. Subject to the other provisions of this Agreement, the Lenders shall make available to the Borrowers a loan facility, in three Tranches, (originally)not exceeding the lesser of (a) $100,000,000 and (b) 55 per cent. of the aggregate of the Initial Market Values of the Ships, one Tranche in respect of each Ship.
Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make a revolving credit facility not exceeding $20,000,000 available to the Borrower.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders made available a loan facility of up to (originally) $277,000,000 to the Borrower.
