Conditions precedent to the making of the Commitment. The obligation of the Lender to advance the Commitment (or any part thereof) is subject to the further condition that the Lender shall have received prior to the drawdown or, where this is not possible, simultaneously with or immediately following the drawdown of the Loan or the relevant part thereof:
Appears in 3 contracts
Samples: Loan Agreement (Performance Shipping Inc.), Agreement (Imperial Petroleum Inc./Marshall Islands), Performance Shipping Inc.
Conditions precedent to the making of the Commitment. The obligation of the Lender to advance the Commitment (or any part thereof) is subject to the further condition that the Lender shall have received prior to the drawdown or, where this is not possible, simultaneously with or immediately following the drawdown of the Loan Commitment or the relevant part thereof:
Appears in 3 contracts
Samples: Agreement (Pangaea Logistics Solutions Ltd.), Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
Conditions precedent to the making of the Commitment. The obligation of the Lender to advance the Commitment (or any part thereof) is subject to the further condition that the Lender shall have received prior to the drawdown or, where this is not possible, simultaneously with or immediately following the drawdown of the Loan Commitment or the relevant part thereof:
Appears in 1 contract
Samples: Seanergy Maritime Holdings Corp.
Conditions precedent to the making of the Commitment. The obligation of the Lender to advance the Commitment (or any part thereof) is subject to the further condition that the Lender shall have received on or prior to the drawdown of the Commitment or the relevant part thereof or, where this is not possibleas the case may be, simultaneously with or immediately following the drawdown Delivery of the Loan or Vessel to the relevant part thereofBorrower:
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
