Common use of Costs of delayed Delivery Date Clause in Contracts

Costs of delayed Delivery Date. The Borrower undertakes to pay to the Agent, within five (5) Business Days of demand, any costs incurred by the Lenders and/or the Italian Authorities in funding the Loan in the event that the Delivery Date is later than the Intended Delivery Date unless the Borrower has given the Agent at least five (5) Business Days' notification of such delay in the Delivery Date.

Appears in 4 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

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Costs of delayed Delivery Date. The Borrower undertakes to pay to the Agent, within five (5) Business Days of upon demand, any costs incurred by the Lenders and/or the Italian Authorities in funding the Loan in the event that the Delivery Date is later than the Intended Delivery Date unless the Borrower has given the Agent at least five three (53) Business Days' notification of such delay in the Delivery Date.

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Cruises S. DE R.L.)

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Costs of delayed Delivery Date. The Borrower undertakes to pay to the Agent, within five (5) Business Days of upon demand, any costs incurred by the Lenders and/or the Italian Authorities in funding the Loan in the event that the Delivery Date is later than the Intended Delivery Date unless the Borrower has given the Agent at least five three (53) Business Days' notification of such delay in the Delivery Date.

Appears in 1 contract

Samples: Loan Agreement (Prestige Cruises International, Inc.)

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