Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that: (a) a partial prepayment shall be $100,000 or a multiple of $100,000; (b) the Agent has received from the Borrowers at least five (5) Business Days’ prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; and (c) the Borrowers have provided evidence satisfactory to the Agent that any consent required by the Borrowers or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation relevant to this Agreement which affects the Borrowers or any other Security Party has been complied with (which may be satisfied by the Borrowers certifying that no consents are required and that no regulations need to be complied with).
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Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that:
(a) a partial prepayment shall be $100,000 500,000 or a higher integral multiple of $100,000500,000;
(b) the Agent has received from the Borrowers at least five (5) 5 Business Days’ Days prior written notice specifying the Advance amount to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; andmade and the manner of application of such prepayment;
(c) the Borrowers have provided evidence satisfactory to the Agent that any consent required by the Borrowers any Borrower or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation requirement relevant to this Agreement which affects the Borrowers any Borrower or any other Security Party has been complied with with; and
(which may be satisfied by d) the Borrowers certifying that no consents are required and that no regulations need have complied with Clause 8.12 on or prior to be complied with)the date of prepayment.
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Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that:
(a) a partial prepayment shall be $100,000 1,000,000 or a multiple of $100,0001,000,000;
(b) the Agent has received from the Borrowers Borrower at least five (5) Business Days’ prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; and
(c) the Borrowers have Borrower has provided evidence satisfactory to the Agent that any consent required by the Borrowers Borrower or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation relevant to this Agreement which affects the Borrowers Borrower or any other Security Party has been complied with (which may be satisfied by the Borrowers Borrower certifying that no consents are required and that no regulations need to be complied with).
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Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 7.4 are that:
(a) a partial prepayment shall be $100,000 equal to a repayment instalment as outlined in Clause 7.1 or a multiple of $100,000thereof;
(b) the Agent Lender has received from the Borrowers at least five (5) Business Days30 days’ prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; and;
(c) the Borrowers have provided evidence satisfactory to the Agent Lender that any consent required by the Borrowers any Borrower or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation relevant to this Agreement which affects the Borrowers or any other Security Party has been complied with (which may be satisfied by the Borrowers certifying that no consents are required and that no regulations need to be complied with).
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Samples: Loan Agreement (Pyxis Tankers Inc.)
Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that:
(a) a partial prepayment shall be $100,000 1,000,000 or a an integral multiple of $100,000thereof;
(b) the Agent has received from the Borrowers at least five (5) 10 Business Days’ prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; and;
(c) the Borrowers have provided evidence satisfactory to the Agent that any consent required by the Borrowers or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation requirement relevant to this Agreement which affects the Borrowers or any other Security Party has been complied with with; and
(which may be satisfied by d) the Borrowers certifying that no consents are required and that no regulations need have complied with Clause 8.12 on or prior to be complied with)the date of prepayment.
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Samples: Loan Agreement (Pyxis Tankers Inc.)
Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that:
(a) a partial prepayment shall be $100,000 1,000,000 or a multiple of $100,0001,000,000;
(b) the Agent has received from the Borrowers Borrower at least five three (53) Business Days’ prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; and
(c) the Borrowers have Borrower has provided evidence satisfactory to the Agent that any consent required by the Borrowers Borrower or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation relevant to this Agreement which affects the Borrowers Borrower or any other Security Party has been complied with (which may be satisfied by the Borrowers Borrower certifying that no consents are required and that no regulations need to be complied with).
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Conditions for voluntary prepayment. The conditions referred to in Clause 8.4 are that:
(a) a partial prepayment shall be $100,000 500,000 or a higher integral multiple of $100,000thereof;
(b) the Agent has received from the Borrowers at least five (5) Business Days’ 15 days' prior written notice specifying the Advance to be prepaid, the amount to be prepaid and the date on which the prepayment is to be made; andmade (such date shall be the last day of Interest Period);
(c) the Borrowers have provided evidence satisfactory to the Agent that any consent required by the Borrowers or any other Security Party in connection with the prepayment has been obtained and remains in force, and that any regulation requirement relevant to this Agreement which affects the Borrowers or any other Security Party has been complied with with; and
(which may be satisfied by d) the Borrowers certifying that no consents are required and that no regulations need have complied with Clause 8.12 on or prior to be complied with)the date of prepayment.
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