Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time. (b) The Borrowers may not deliver more than one Utilisation Request in respect of a Tranche.
Appears in 5 contracts
Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a Trancheunder each Tranche and all Tranches shall be drawn simultaneously on the same Utilisation Date unless otherwise agreed by the Facility Agent.
Appears in 3 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it a Tranche by delivery to the Facility Agent of a duly completed Utilisation Request in respect of that Tranche not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a each Tranche.
Appears in 2 contracts
Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (Okeanis Eco Tankers Corp.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a Tranche.
(c) The Borrowers may not deliver a Utilisation Request if, as a result of the proposed Utilisation, more than five Advances would have been made.
Appears in 2 contracts
Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under each Tranche.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it a Tranche by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified TimeTime or such later date as may be agreed by the Facility Agent (acting on the instructions of the Majority Lenders).
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a Tranche.
Appears in 2 contracts
Samples: Term Loan Facility (Dorian LPG Ltd.), Term Loan Facility (Dorian LPG Ltd.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it an Advance by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under each Tranche.
(c) Both Tranches shall be drawn down on the same Utilisation Date and shall be thereafter consolidated in a single tranche.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part in up to four Advances (one in respect of it each Tranche) by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of under a Tranche.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it a Tranche by delivery to the Facility Agent Lender of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of under either a Tranche.
Appears in 1 contract
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent Lender of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect under each of a Tranche.Tranche A and Tranche B.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may only utilise Facility A by delivery to the Facility or any part Agent of it a single duly completed Utilisation Request not later than the Specified Time.
(b) A Borrower may utilise Facility B by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a Tranche.
Appears in 1 contract
Samples: Senior Secured Debt Facility Agreement (Hungarian Telephone & Cable Corp)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent Lender of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under each Tranche.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a Tranchethe Original Tranches and , not more than one Utilisation Request in respect of Tranche G and not more than one Utilisation Request in respect of Tranche H and Tranche I.
(c) All Original Tranches shall be simultaneously drawn.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part in up to four Advances (one in respect of it each Original Tranche) by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under each Original Tranche.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it each Tranche by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under each Tranche.
Appears in 1 contract
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it a Tranche by delivery to the Facility Agent Lender of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a under either Tranche.
Appears in 1 contract
Samples: Term Loan Facility (Seanergy Maritime Holdings Corp.)
Delivery of a Utilisation Request. (a) The Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrowers may not deliver more than one Utilisation Request in respect of a each Tranche.
Appears in 1 contract
