Common use of Commitment to Lend Clause in Contracts

Commitment to Lend. The Lender, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the Security Documents, agrees to lend to the Borrower in one (1) Advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (

Appears in 5 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.)

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Commitment to Lend. The LenderBank, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the other Security Documents, agrees to lend to the Borrower in one (1) Advance advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (hereof.

Appears in 3 contracts

Samples: Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (FreeSeas Inc.)

Commitment to Lend. The Lender, relying Relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the other Security Documents, agrees it is hereby agreed and undertaken by the Bank to lend to the Borrower in one (1) Advance and upon and subject to the terms of this Agreement, the amount specified sum referred to in Clause 1.1 (hereof.

Appears in 2 contracts

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

Commitment to Lend. The Lender, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the other Security Documents, agrees to lend to the Borrower in one (1) Advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (1.1.

Appears in 2 contracts

Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

Commitment to Lend. The Lender, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the Security Documents, agrees to lend to the Borrower Borrowers in one (1) Advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (

Appears in 1 contract

Samples: Agreement (Imperial Petroleum Inc./Marshall Islands)

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Commitment to Lend. The LenderBank, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the other Security Documents, agrees to lend to the Borrower Borrowers, on a joint and several basis, in one (1) Advance advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (hereof.

Appears in 1 contract

Samples: Loan Agreement (FreeSeas Inc.)

Commitment to Lend. The LenderBank, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the other Security Documents, agrees to lend to the Borrower in one (1) Advance and Borrowers, upon and subject to the terms of this Agreement, Agreement the amount sum specified in Clause 1.1 (1.1.

Appears in 1 contract

Samples: Loan Agreement (Costamare Inc.)

Commitment to Lend. The Lender, relying upon (inter alia) each of the representations and warranties set forth in Clause 6 (Representations and warranties) and in each of the Security Documents, agrees to lend to the Borrower in one (1) Advance and upon and subject to the terms of this Agreement, the amount specified in Clause 1.1 (Amount and Purpose) and the Borrower

Appears in 1 contract

Samples: Agreement (Pangaea Logistics Solutions Ltd.)

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