Drawdown Notice irrevocable. Each Drawdown Notice must be duly signed by a duly authorised signatory of the Borrower; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director or an authorised signatory of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Paragon Shipping Inc.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly an authorised signatory of the Borrower; and Borrower and, once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan and Guarantee Facility Agreement (DryShips Inc.)
Drawdown Notice irrevocable. Each Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the each Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of all the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Drawdown Notice irrevocable. Each Drawdown Notice must be duly signed by a duly an authorised signatory of the each Borrower; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly authorised signatory representative of the BorrowerBorrowers; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the BorrowerBorrowers; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a an officer or duly authorised signatory authorized attorney-in-fact of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly authorised signatory director of the Borrower; and once served, it the Drawdown notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Amending and Restating Agreement (Paragon Shipping Inc.)
Drawdown Notice irrevocable. Each Drawdown Notice must be duly signed by a duly an authorised signatory or a director of the Borrower; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly an authorised signatory person on behalf of the BorrowerBorrowers; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the each Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly authorised an authorized signatory of the a Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly authorised signatory authorized Person on behalf of the each Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Administrative Agent, acting on with the authority authorization of the Majority Lenders.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Pacific Drilling S.A.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director, officer or other authorised signatory person of the Borrower; each Borrower and once served, it such Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly an officer or other authorised signatory person of the Borrower; and once served, it served the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or an authorised signatory of the BorrowerBorrowers; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or an authorised signatory representative of the each Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by an authorized signatory or a duly authorised signatory director of the Borrower; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly an authorised signatory person on behalf of the Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly authorised signatory of the Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority authorisation of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or an authorised signatory of the Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director or other authorised signatory person of the BorrowerBorrowers; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly authorised signatory director of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly authorised signatory of the BorrowerBorrowers; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each Drawdown Notice must be duly signed by a duly authorised signatory of the each Borrower; and once served, it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a director or other duly authorised signatory person on behalf of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly authorised signatory person on behalf of the Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority LendersLenders (which authorisation shall not be unreasonably withheld).
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Drawdown Notice irrevocable. Each A Drawdown Notice must be duly signed by a duly director or an authorised signatory of the each Borrower; and once served, it a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Term Loan Facility Agreement (Navios Maritime Partners L.P.)
Drawdown Notice irrevocable. Each The Drawdown Notice must be duly signed by a duly director, an officer or an authorised signatory attorney in fact of the Borrower; and once served, it the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)