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: 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: Loan 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 Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
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. (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.
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 in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 1 contract
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. Subject to the other provisions of this Agreement, each Lender participates in the Loan in the proportion set out in Schedule 1 of this Agreement.
Appears in 1 contract