Disbursement of the Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date advance the Loan to the Borrower; and payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.
Appears in 3 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)
Disbursement of the Loan. Subject to the provisions of this Agreement, the Lender shall shall, and with value, on the Drawdown Date advance the Loan to the Borrower; Borrower and that payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)
Disbursement of the Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date advance the Loan to the Borrower; and payment to the Borrower shall be made to the account which of the Seller nominated by the Borrower specifies in accordance with the Drawdown NoticeMOA but subject to such conditions or restrictions as the Lender my impose.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
