Common use of Additional Cost Advances Clause in Contracts

Additional Cost Advances. The obligation of the Banks to make available the Additional Cost Advance in respect of any Ship shall be subject to the condition that the Agent or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Ship, the documents and evidence specified in Part 5 of schedule 3 in respect of such Ship, in form and substance satisfactory to the Agent.

Additional Cost Advances. The obligation of the Banks Bank to make available the Additional Cost Advance in respect of any a Ship shall be subject to the condition that the Agent Bank or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Ship, the documents and evidence specified in Part 5 7 of schedule 3 2 in respect of such Ship, in form and substance satisfactory to the AgentBank.

Additional Cost Advances. The obligation of the Banks to make available the Additional Cost Advance in respect of any Ship shall be subject to the condition that the Agent or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Ship, the documents and evidence specified in Part 5 of schedule 3 4 in respect of such Ship, in form and substance satisfactory to the Agent.

Additional Cost Advances. The obligation of the Banks to make available the Additional Cost Advance in respect of any Borrower Ship shall be subject to the condition that the Agent or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Borrower Ship, the documents and evidence specified in Part 5 of schedule 3 4 in respect of such Borrower Ship, in form and substance satisfactory to the Agent.

Additional Cost Advances. The obligation of the Banks to make available the Additional Cost Advance in respect of any Ship shall be subject to the condition that the Agent or its duly authorised representative shall have received, on or prior to the drawdown of the Additional Cost Advance for such Ship, the documents and evidence specified in Part 5 of schedule Schedule 3 in respect of such Ship, in form and substance satisfactory to the Agent.