Common use of Disbursement of Loan Clause in Contracts

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made:

Appears in 12 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement

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Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower shall be made:

Appears in 6 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made4.6:

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made:

Appears in 4 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; 4.5 and that payment to the Borrower shall be made:made to the account which the Borrower specifies in the Drawdown Notice and in the same funds as the Agent received the payments from the Lenders.

Appears in 2 contracts

Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment 4.6 (Lenders to make available Contributions) in the Borrower shall be madelike funds as the Agent received the payments from the Lenders:

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.54.5 (Lenders to make available Contributions); and that payment to the Borrower Borrowers shall be made:

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower for on-payment to the Shareholder the amounts which the Agent receives from the Lenders under Clause 4.54.5 above; and that payment to the Borrower shall be made:

Appears in 2 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

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Disbursement of Loan. Subject to the provisions of this Agreement, Agreement the Agent shall shall, on and with value on the Drawdown Date Date, pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made:

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower Borrowers the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower Borrowers shall be made:: to the account which the Borrowers specify in the Drawdown Notice; and in the like funds as the Agent received the payments from the Lenders.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made:;

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Disbursement of Loan. Subject to the provisions of this Agreement, the Agent shall on the Drawdown Date pay to the Borrower the amounts which the Agent receives from the Lenders under Clause 4.5; and that payment to the Borrower shall be made:made to the accounts which the Borrower specifies in the Drawdown Notice.

Appears in 1 contract

Samples: Loan Agreement (Britannia Bulk Holdings Inc)

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