Lenders' participations in Tranches. Subject to the other provisions of this Agreement, each Lender shall participate in each Tranche in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 12 contracts
Samples: Agreement (Scorpio Bulkers Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Paragon Shipping Inc.)
Lenders' participations in Tranches. Subject to the other provisions of this Agreement, each Lender shall participate in each Tranche in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.
Appears in 2 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Pyxis Tankers Inc.)
Lenders' participations in Tranches. Subject to the other provisions of this Agreement, each Lender shall participate in each Tranche in the proportion which, as at the relevant Drawdown Date, its Commitment bears to the Total Commitments.,
Appears in 1 contract
Lenders' participations in Tranches. Subject to the other provisions of this Agreement, each Lender shall participate in each Tranche as follows 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.)
