Common use of Amount of facility Clause in Contracts

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.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

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Amount of facility. Subject to the other provisions of this AgreementAgreement and in reliance (inter alia) on the representations and warranties of the Borrower and the Guarantors set out in the Finance Documents, the Lender shall make a loan facility not exceeding $30,000,000 229,500,000 available to the Borrower in up to five advances3 Advances.

Appears in 3 contracts

Samples: Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (General Maritime Corp / MI), Loan Agreement (Arlington Tankers Ltd.)

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Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make available to the Borrower a loan facility not exceeding $30,000,000 available to the Borrower 22,000,000 in up to five advancesfour Advances.

Appears in 2 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

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