Lenders’ participations in Loan. Subject to the other provisions of this Agreement, each Lender shall participate in the Loan in the proportion which, as at the Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 30 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
Lenders’ participations in Loan. Subject to the other provisions of this Agreement, each Lender shall participate in the Loan each Advance in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 19 contracts
Samples: Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Lenders’ participations in Loan. Subject to the other provisions of this Agreement, each Lender shall participate in the Loan each Tranche in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 3 contracts
Samples: Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Lenders’ participations in Loan. (a) Subject to the other provisions of this Agreement, each Lender shall participate in the Loan in the proportion which, as at the Drawdown Date, its Commitment bears to the Total Commitments.
(b) The Agent shall notify each Lender of the amount of its Commitment and the amount of its participation in the Loan by the Specified Time.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Lenders’ participations in Loan. Subject to the other provisions of this Agreement, each Lender shall participate in the Loan each Advance in the proportion which, as at the Drawdown Effective Date, its Commitment bears to the Total Commitments.
Appears in 2 contracts
Samples: Loan Agreement (GasLog Partners LP), Loan Agreement
Lenders’ participations in Loan. Subject to the other provisions of this Agreement, each Lender shall participate in the Loan in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 2 contracts
Samples: Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
