Common use of Lenders' participations in the Loan Clause in Contracts

Lenders' participations in the 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 7 contracts

Samples: Loan Agreement (EuroDry Ltd.), Term Loan Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Diana Shipping Inc.)

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Lenders' participations in the 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

Samples: Loan Agreement (DryShips Inc.)

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