Changes to Interest Periods. (a) In respect of a Repayment Instalment, before the first day of an Interest Period 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 specified in the Reference Rate Terms.
Appears in 4 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Changes to Interest Periods. (a) In respect of a Repayment Instalment, before the first day prior to commencement of an Interest Period for the LoanPeriod, 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 specified in applicable to the Reference Rate TermsLoan.
Appears in 1 contract
Samples: Agreement (Global Ship Lease, Inc.)
