Currency and method of payments. All payments to be made by the Borrowers to the Lender under a Finance Document shall be made to the Lender: (a) by not later than 11.00 a.m. (Athens time) on the due date; (b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Lender shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); and (c) to the account of the Lender at Bank of New York of New York, USA for credit to the account of the Lender (Account No. 8033138548), or to such other account with such other bank as the Lender may from time to time notify to the Borrowers.
Appears in 3 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Currency and method of payments. All payments to be made by the Borrowers Borrower to the Lender under a Finance Document shall be made to the Lender:
(a) by not later than 11.00 a.m. (Athens Piraeus time) on the due date;
(b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Lender shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); and
(c) to the account of the Lender at Bank of New York of New York, USA for or credit to the account of the Lender (Account No. No 8033138548), or to such other account with such other bank as the Lender may from time to time notify to the BorrowersBorrower.
Appears in 3 contracts
Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.), Loan Agreement (Star Bulk Carriers Corp.)
Currency and method of payments. All payments to be made by the Borrowers Borrower to the Lender under a Finance Document shall be made to the Lender:
(a) by not later than 11.00 a.m. (Athens time) on the due date;
(b) in same day Dollar funds settled through the New York Clearing House Interbank Payments System (or in such other Dollar funds and/or settled in such other manner as the Lender shall specify as being customary at the time for the settlement of international transactions of the type contemplated by this Agreement); and
(c) to the account of the Lender at Bank of New York of New York, USA for credit to the account of the Lender (Account No. 8033138548), or to such other account with such other bank as the Lender may from time to time notify to the BorrowersBorrower.
Appears in 2 contracts
Samples: Fourth Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)