Demand. basis If, pursuant to clause 10.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 7 contracts
Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Eighth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)
Demand. basis If, pursuant to under clause 10.2.2, the Bank declares has declared the Loan to be due and payable on demand, at any time thereafter the Bank may by written further notice to the Borrowers (a) call for demand repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together accordingly with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such noticeAgreement.
Appears in 7 contracts
Samples: Agreement, Agreement, Facility Agreement (Navios Maritime Holdings Inc.)
Demand. basis If, pursuant to clause 10.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 5 contracts
Samples: Facility Agreement (Freeseas Inc.), Loan Agreement (Globus Maritime LTD), Supplemental Agreement (Top Ships Inc.)
Demand. basis If, pursuant to clause 10.2.211.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 4 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)
Demand. basis If, pursuant to clause 10.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 3 contracts
Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Agreement (B Plus H Ocean Carriers LTD)
Demand. basis If, pursuant to under clause 10.2.2, the Bank declares has declared the Loan to be due and payable on demand, at any time thereafter the Bank may by written further notice to the Borrowers (a) call for Borrower demand repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together accordingly with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such noticeAgreement.
Appears in 3 contracts
Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)
Demand. basis If, pursuant to clause 10.2.211.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 2 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)
Demand. basis ------------ If, pursuant to clause 10.2.211.2(b), the Bank declares the Loan to be due and payable on demand, demand then the Bank may at any time by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified in such notice whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Demand. basis If, pursuant to clause 10.2.2Clause 9.2(b), the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Demand. basis If, pursuant to clause 10.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Demand. basis If, pursuant to clause 10.2.2Clause 9.2(b), the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers Borrower (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Demand. basis If, pursuant to clause 10.2.2, the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest interest, commitment commission and commitment guarantee commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Samples: Supplemental Agreement
Demand. basis If, pursuant to clause 10.2.2Clause 9.2(b), the Bank declares the Loan to be due and payable on demand, the Bank may by written notice to the Borrowers (a) call for repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together with all interest and any commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
Demand. basis If, pursuant to under clause 10.2.2, the Bank declares has declared the Loan to be due and payable on demand, at any time thereafter the Bank may by written further notice to the Borrowers (a) call for Borrower demand repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together accordingly with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such noticeAgreement.
Appears in 1 contract
Demand. basis If, pursuant to under clause 10.2.2, the Bank declares has declared the Loan to be due and payable on demand, at any time thereafter the Bank may by written further notice to the Borrowers (a) call for demand repayment of the Loan on such date as may be specified whereupon the Loan shall become due and payable on the date so specified together accordingly with all interest and commitment commission accrued and all other sums payable under this Agreement or (b) withdraw such declaration with effect from the date specified in such notice.
Appears in 1 contract
