Common use of Drawdown in Dollars Clause in Contracts

Drawdown in Dollars. If the Loan or part thereof is to be drawn down in Dollars, the Bank shall, subject to clauses 10.1 and 10.2, advance to the Borrower on the Drawdown Date, the Dollar Amount of the Loan or such part thereof.

Appears in 4 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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