Common use of Amount of facility Clause in Contracts

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 Lender Lenders shall make available to the Borrower a loan facility, in a single advance, facility not exceeding the lesser of (i) an amount equal to 50 $30,000,000 and (ii) 75 per cent. of the Initial Fair Market Value of the Ship and (ii) $25,000,000as at the Drawdown Date.

Amount of facility. Subject to the other provisions of this Agreement, the Lender shall make available to the Borrower a loan facilityBorrower, in a single one advance, a term loan facility not exceeding the lesser of (ia) an amount equal to 50 $45,000,000 and (b) 65 per cent. of the Initial Market Value of the Ship and (ii) $25,000,000Ship.

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, in an amount not exceeding the lesser of (i) an amount equal to 50 $20,000,000 and (ii) 60 per cent. of the Initial Market Value of the Ship and (ii) $25,000,000Ship.

Amount of facility. Subject to the other provisions of this Agreement, the Lender Lenders shall make available to the Borrower Borrowers a loan facility, in a single advancefive Tranches, not exceeding in aggregate the lesser of (ia) an amount equal to 50 $62,500,000 and (b) 70 per cent. of the aggregate of the Initial Market Value Values of the Ship and (ii) $25,000,000Ships, one Tranche to be made available in respect of each Ship.

Amount of facility. Subject to the other provisions of this Agreement, the Lender Lenders shall make available to the Borrower a loan facilityfacility not exceeding $140,000,000 divided into two Tranches, each in a single advance, an amount not exceeding the lesser of (ia) $70,000,000 and (b) an amount in Dollars equal to 50 70 per cent. of (i) the Contract Price of the Ship to be financed by that Tranche or (ii) if that Ship is not subject to an Approved Charter on the Drawdown Date of its Delivery Advance, the Initial Market Value of the Ship and (ii) $25,000,000such Ship.

Amount of facility. Subject to the other provisions of this Agreement, the Lender Lenders shall make available to the Borrower a senior secured term loan facility, in a single advance, not exceeding facility of up to the lesser of (iA) an amount equal to 50 $31,800,000 and (B) 60 per cent. of the Initial Market Value of the Ship and (ii) $25,000,000Ship, in one advance, for the purpose stated in the preamble to this Agreement.

Amount of facility. Subject to the other provisions of this Agreement, the Lender Lenders shall make available to the Borrower Borrowers a loan facility, in a single advancetwo Tranches, not exceeding the lesser of (ia) an amount equal to 50 $25,000,000 and (b) 60 per cent. of the aggregate of the Initial Market Value Values of the Ship and (ii) $25,000,000Ships, one Tranche to be made available in respect of each Ship.

Amount of facility. Subject to the other provisions of this Agreement, the Lender shall has agreed to make available to the Borrower Borrowers a term loan facility, facility in a single advance, not exceeding an amount of up to the lesser of (ia) an amount equal to 50 $15,000,000 and (b) 55 per cent. of the aggregate Initial Market Value of the Ship and (ii) $25,000,000.Ships, in two advances as follows:

Amount of facility. Subject to the other provisions of this Agreement, Agreement the Lender shall make available to the Borrower a loan facility, in a single advance, not exceeding facility of up to the lesser of (i) an amount equal to 50 $27,500,000 and (ii) 100 per cent. cent of the Initial Market Value of the Ship and (ii) $25,000,000in a single amount.