Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice hereunder, the Agent has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Agent (after consultation with the Lenders) and its lawyers;
9.1.2 that, on or before the Drawdown Date of each Advance but prior to making such Advance, the Agent has received the documents described in Part B of Schedule 3 in respect of the Relevant Vessel (as defined in Schedule 3) in form and substance satisfactory to the Agent and its lawyers;
9.1.3 the representations and warranties contained in clause 7 and clauses 4.1 and 4.2 of the Corporate Guarantee being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
9.1.4 no Default having occurred and being continuing and there being no Default which would result from the making of the Loan.
Advance of any Advance. The obligation of the Lender to make available any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice hereunder, the Lender has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Lender and its lawyers;
9.1.2 that, on or before the Drawdown Date of each Advance but prior to making such Advance, the Lender has received the documents described in Part B of Schedule 3 in respect of the Relevant Vessel (as defined in Schedule 2) in form and substance satisfactory to the Lender and its lawyers;
9.1.3 the representations and warranties contained in clause 7 and clauses 4.1 and 4.2 of the Guarantees being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
9.1.4 no Default having occurred and being continuing and there being no Default which would result from the making of the Loan.
Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice hereunder, the Agent has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Agent and its lawyers; Table of Contents
9.1.2 that, on or before the service of the Drawdown Notice in respect of the Advances referred to in clause 2.5.1(a) the Agent has received the documents described in Part B of Schedule 3 in respect of the Relevant Vessel (as defined in Schedule 3) in form and substance satisfactory to the Agent and its lawyers;
9.1.3 that, on or before the service of the Drawdown Notice in respect of the Advances referred to in clause 2.5.1(b), the Agent has received the documents described in Part C of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers
9.1.4 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.1(c), the Agent has received the documents described in Part D of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.5 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.1(d), the Agent has received the documents described in Part E of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.6 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.1(e), the Agent has received the documents described in Part F of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.7 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.1(f), the Agent has received the documents described in Part G of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.8 the representations and warranties contained in clause 7 and clauses 4.1 and 4.2 of the Corporate Guarantee being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
9.1.9 no Default having occurred and being continuing and there being no Default which would result from the making of the Loan.
Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 the Agent, or its authorised representative, having received, not later than two (2) Banking Days before the day on which the relevant Drawdown Notice is given, the documents and evidence specified in Part 1 of schedule 4 in form and substance satisfactory to the Agent (acting on the instructions of the Majority Lenders); and
9.1.2 the representations and warranties contained in clause 7 being then true and correct as if each was made with respect to the facts and circumstances existing at such time and the same being unaffected by drawdown of such Advance; and
9.1.3 no Default having occurred and being continuing and there being no Default which would result from the lending of such Advance.
Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice hereunder, the Agent has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Agent and its lawyers;
9.1.2 that, on or before the service of the Drawdown Notice in respect of the Advances referred to in clauses 2.5.1(a) and 2.5.2(a), the Agent has received the documents described in Part B of Schedule 3 in respect of the Relevant Vessel (as defined in Schedule 3) in form and substance satisfactory to the Agent and its lawyers;
9.1.3 that, on or before the service of the Drawdown Notice in respect of the Advances referred to in clauses 2.5.1(b) and 2.5.2(b), the Agent has received the documents described in Part C of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.4 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.2(c), the Agent has received the documents described in Part D of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.5 that, on or before service of the Drawdown Notice in respect of Advances referred to in clause 2.5.2(d), the Agent has received the documents described in Part E of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.6 that, on or before service of the Drawdown Notice in respect of Advances referred to in clauses 2.5.1(c) and 2.5.2(e), the Agent has received the documents described in Part F of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.7 that, on or before service of the Drawdown Notice in respect of Advances referred to in clauses 2.5.1(d) and 2.5.2(f), the Agent has received the documents described in Part G of Schedule 3 in respect of the Relevant Vessel in form and substance satisfactory to the Agent and its lawyers;
9.1.8 the representations and warranties contained in clause 7 and clauses 4.1 and 4.2 of the Corporate Guarantee being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
9.1.9 no Default having occurred and being continuing and there being no Default which would result from the making of the Loan.
Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice and drawdown of the Advances referred to in clause 2.5.1(a) but prior to making such Advances, the Agent has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Agent (after consultation with the Lenders) and its lawyers;
9.1.2 that, on or before the Drawdown Date of the Advances referred to in clause 2.5.1(b) but prior to making such Advances, the Agent has received the documents described in Part B of Schedule 3 in respect of the Relevant Vessel (as defined in Schedule 3) in form and substance satisfactory to the Agent and its lawyers;
9.1.3 the representations and warranties contained in clause 7 and clauses 4.1 and 4.2 of the Corporate Guarantee being then true and correct as if each was made with respect to the facts and circumstances existing at such time; and
9.1.4 no Default having occurred and being continuing and there being no Default which would result from the making of the Loan.
Advance of any Advance. The obligation of the Bank to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 the Bank, or its authorised representative, having received, not later than two (2) Banking Days before the day on which the relevant Drawdown Notice is given, the documents and evidence specified in Part 1 of schedule 2 in form and substance satisfactory to the Bank; and
9.1.2 the representations and warranties contained in clause 7 being then true and correct as if each was made with respect to the facts and circumstances existing at such time and the same being unaffected by drawdown of such Advance; and
9.1.3 no Default having occurred and being continuing and there being no Default which would result from the lending of such Advance.
Advance of any Advance. The obligation of each Lender to make its Commitment available in respect of any Advance is conditional upon:
9.1.1 that, on or before the service of the first Drawdown Notice hereunder, the Agent has received the documents described in Part A of Schedule 3 in form and substance satisfactory to the Agent and its lawyers; 30
