Common use of Interest Periods to meet Repayment Dates Clause in Contracts

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 5 contracts

Samples: EuroDry Ltd., Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

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Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment DateDate in respect of the relevant Tranche, there shall be a separate Interest Period for a part of the Loan that Tranche equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 5 contracts

Samples: Management Agreement (Diana Shipping Inc.), Loan Agreement (Diana Containerships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment DateDate in respect of the Loan, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 2 contracts

Samples: Amending and Restating Agreement (DHT Holdings, Inc.), Performance Shipping Inc.

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, Date there shall be a separate Interest Period for a part of the that Loan equal to the Repayment Instalment or, as the case may be the amount due and payable on that the next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that the next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

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Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a that part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 1 contract

Samples: Loan Agreement (Teekay Offshore Partners L.P.)

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan that Tranche equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.

Appears in 1 contract

Samples: Teekay Offshore Partners L.P.

Interest Periods to meet Repayment Dates. If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date but no later than the Final Maturity Date.

Appears in 1 contract

Samples: Third Supplemental Agreement (Genco Shipping & Trading LTD)

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