Common use of Mandatory Cost Clause in Contracts

Mandatory Cost. 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: Agreement (Seaspan CORP), Agreement (Seaspan CORP)

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Mandatory Cost. Subject to Clause 21.16, the 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: Agreement, Agreement (Seaspan CORP)

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Mandatory Cost. Subject to Clause 21.16, the Borrower 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

Samples: Agreement (Seaspan CORP)

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