Consolidation of Tranches. On the date falling 3 months after the Drawdown Date in respect of the final Tranche to be drawn, all the Tranches may be consolidated into a single Tranche, in the discretion of the Agent.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
Consolidation of Tranches. On the date falling 3 months after the Drawdown Date in respect of the final Tranche to be drawnTranche, all the Tranches may shall be consolidated into a single Tranche, in the discretion of the Agent.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Consolidation of Tranches. On the date falling 3 months after the Drawdown Date in respect of the final Tranche to be drawn, all the both Tranches may be consolidated into a single Tranche, in the discretion of the Agent.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
