Amount of facility Sample Clauses

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 Lenders shall make available to the Borrowers, a senior secured post-delivery term loan facility, in two Advances, in an aggregate amount of up to $164,000,000.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders shall make a loan facility of up to the lesser of (i) $30,000,000 and (ii) thirty per cent. (30%) of the aggregate market value (determined in accordance with Clause 15.3) of the Ships available to the Borrower.
Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make a loan facility not exceeding $30,000,000 available to the Borrower in up to five advances.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders shall make a loan facility of up to $132,389,706 available to the Borrower.
Amount of facility. Subject to the other provisions of this Agreement, the Lenders agree to make a loan facility not exceeding $38,700,000 available to the Borrowers in three Tranches.
AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!