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: Secured Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Diana Shipping Inc.)
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: Secured Loan Agreement (Diana Shipping Inc.), Secured Loan Facility Agreement (Diana Containerships Inc.), Secured Loan Agreement (Diana Containerships Inc.)
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: Secured Loan Agreement (Performance Shipping Inc.), Secured Term Loan Facility (DHT Holdings, 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 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: Secured Credit Facility (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 to Secured Loan Facility Agreement (Genco Shipping & Trading LTD)
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: Secured Credit Facility (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 the next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.
Appears in 1 contract
Samples: Amending and Restating Agreement (Safe Bulkers, Inc.)
