Mandatory Cost. The Borrower shall pay to the Facility Agent the Mandatory Cost, if any, for each Loan on the last day of the Term in respect of which it has been calculated.
Appears in 2 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (Seaspan CORP)
Mandatory Cost. The Subject to Clause 21.16, the Borrower shall pay to the Facility Agent the Mandatory Cost, if any, for each Loan on the last day of the Term in respect of which it has been calculated.
Appears in 2 contracts
Samples: Reducing Revolving Credit Facility (Seaspan CORP), Credit Facility (Seaspan CORP)
Mandatory Cost. The Borrower Subject to Clause 21.16, the Borrowers shall pay to the Facility Agent the Mandatory Cost, if any, for each Loan on the last day of the Term in respect of which it has been calculated.
Appears in 1 contract
