Common use of Drawdown Clause in Contracts

Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be advanced to the Borrowers on the relevant Drawdown Date following receipt by the Agent from the Borrowers of a Drawdown Notice not later than 10:00 a.m. on the second Banking Day before each proposed Drawdown Date.

Appears in 4 contracts

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

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Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be advanced to the Borrowers on the relevant Drawdown Date following receipt by the Agent from the Borrowers of a Drawdown Notice not later than 10:00 a.m. on the second third Banking Day before each proposed Drawdown Date.

Appears in 3 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

Drawdown. 2.4.1 2.2.1 On the terms and subject to the conditions of this Agreement, each Advance shall be drawn by and advanced to the Borrowers Borrower in one amount on the relevant Drawdown Date following receipt by the Agent Lender from the Borrowers Borrower of a Drawdown Notice not later than 10:00 a.m. on the second Banking Day before each the proposed Drawdown Date.

Appears in 2 contracts

Samples: Navios Maritime Midstream Partners LP, Navios Maritime Midstream Partners LP

Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be advanced to the Borrowers Borrower on the relevant Drawdown Date following receipt by the Agent from the Borrowers Borrower of a Drawdown Notice not later than 10:00 a.m. on the second fifth Banking Day before each proposed Drawdown Date.

Appears in 1 contract

Samples: Navios Maritime Acquisition CORP

Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be advanced to the Borrowers Borrower on the relevant Drawdown Date following receipt by the Agent from the Borrowers Borrower of a Drawdown Notice not later than 10:00 a.m. on the second third Banking Day before each proposed Drawdown Date.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

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Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be drawn by and advanced to the Borrowers in one amount on the relevant Drawdown Date following receipt by the Agent from the Borrowers of a Drawdown Notice not later than 10:00 a.m. on the second Banking Day before each proposed Drawdown Date.

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

Drawdown. 2.4.1 On the terms and subject to the conditions of this Agreement, each Advance shall be advanced to the Borrowers on the relevant Drawdown Date following receipt by the Agent from the Borrowers of a Drawdown Notice Notices not later than 10:00 10 a.m. on the second third Banking Day before each proposed Drawdown Date.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

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