Common use of Changes to Interest Periods Clause in Contracts

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Period, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 (

Appears in 2 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)

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Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Period, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d11.1(d) of Clause 9.1 11.1 (

Appears in 1 contract

Samples: Loan Agreement (Ardmore Shipping Corp)

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Perioddetermining the interest rate for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 (

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

Changes to Interest Periods. (a) In respect of a Repayment Instalment and a Balloon Instalment, prior to commencement before the first day of an Interest PeriodPeriod for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment and Balloon Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 (

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement before the first day of an Interest PeriodPeriod for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 (

Appears in 1 contract

Samples: Term Loan Facility (Navios South American Logistics Inc.)

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Perioddetermining the interest rate for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 6.1 (

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

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Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Period, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 10.1 (

Appears in 1 contract

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.)

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement of an Interest Perioddetermining the interest rate for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (dc) of Clause 9.1 (

Appears in 1 contract

Samples: Term Loan Facility Agreement (Castor Maritime Inc.)

Changes to Interest Periods. (a) In respect of a Repayment Instalment, prior to commencement before the first day of an Interest PeriodPeriod for the Loan, the Facility Agent may establish an Interest Period for a part of the Loan equal to such Repayment Instalment to end on the Repayment Date relating to it and the remaining part of the Loan shall have the Interest Period selected in the relevant Selection Notice, subject to paragraph (d) of Clause 9.1 6.1 (

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

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