Drawdown. 2.4.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Agent from the Borrower of the Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes the Loan is made available.
Appears in 3 contracts
Samples: Agreement, Agreement (Navios Maritime Partners L.P.), Navios Maritime Partners L.P.
Drawdown. 2.4.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Facility Agent from the Borrower of the a Drawdown Notice not later than 10:00 10 a.m. (London time) on the third Banking Day before the dateproposed Drawdown Date (or such later date as the Facility Agent may, which shall be a Banking Day falling within the Drawdown Periodin its absolute discretion, on which the Borrower proposes the Loan is made availableagree).
Appears in 2 contracts
Samples: Facilities Agreement, Confidential (Golar LNG Partners LP)
Drawdown. 2.4.1 Subject to the terms and conditions of this Agreement, the Loan each Advance shall be made available to the Borrower following receipt by the Payment Agent from the Borrower of the a Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes the Loan such Advance is made available.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Drawdown. 2.4.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Agent from the Borrower of the a Drawdown Notice not later than 10:00 10 a.m. on the third Banking Day before the dateDrawdown Date, which shall be a Banking Day falling within the Drawdown Period. A Drawdown Notice shall be effective on actual receipt by the Agent and, on which the Borrower proposes the Loan is made availableonce given, shall, subject as provided in clause 3.6.1, be irrevocable.
Appears in 1 contract
Drawdown. 2.4.1 2.2.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower Borrowers following receipt by the Payment Agent Lender from the Borrower Borrowers of the a Drawdown Notice not later than 10:00 a.m. on the third two Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes Borrowers propose that the Loan is made available.
Appears in 1 contract
Samples: Facility Agreement (Euroseas Ltd.)
Drawdown. 2.4.1 2.2.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Agent Lender from the Borrower of the a Drawdown Notice not later than 10:00 a.m. (Taipei Time) on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes the Loan is made available.
Appears in 1 contract
Samples: Agreement (EuroDry Ltd.)
Drawdown. 2.4.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Agent from the Borrower of the Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes the Loan is made available.
Appears in 1 contract
Drawdown. 2.4.1 Subject to On the terms and subject to the conditions of this Agreement, the Loan shall be made available advanced to the Borrower on the Drawdown Date following receipt by the Payment Agent from the Borrower of the a Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within proposed Drawdown Date (or such shorter period as the Drawdown Period, on which the Borrower proposes the Loan is made availableLenders may agree).
Appears in 1 contract
Drawdown. 2.4.1 2.2.1 Subject to the terms and conditions of this Agreement, the Loan shall be made available to the Borrower following receipt by the Payment Agent Lender from the Borrower of the a Drawdown Notice not later than 10:00 a.m. on the third Banking Day before the date, which shall be a Banking Day falling within the Drawdown Period, on which the Borrower proposes the Loan is made available.
Appears in 1 contract
Samples: Agreement (Euroseas Ltd.)