Common use of Mandatory prepayment – Market Value Clause in Contracts

Mandatory prepayment – Market Value. If the Market Value falls below 100% or 125% (as the case may be according to Clause 19.19) of the Loans at any time, the Borrower shall, unless otherwise agreed with the Agent (on behalf of the Lenders) within 30 days after being notified in writing by the Agent of such non-compliance, either:

Appears in 4 contracts

Samples: Guarantee Agreement (KNOT Offshore Partners LP), Facility Agreement (KNOT Offshore Partners LP), Fourth Supplemental Agreement (KNOT Offshore Partners LP)

AutoNDA by SimpleDocs

Mandatory prepayment – Market Value. a) If the Market Value falls below 100% or 125% one hundred and thirty per cent (as the case may be according to Clause 19.19130%) of the Loans Loan at any time, the Borrower shallshall upon written demand from the Agent, unless otherwise agreed with the Agent (on behalf of the Lenders) within 30 days after being notified in writing by the Agent of such non-compliancefifteen (15) Business Days, either:

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Mandatory prepayment – Market Value. If the Market Value falls below 100110%, 120% or 125% (as the case may be according to Clause 19.1917.21) of the Loans Loan at any time, the Borrower shall, unless otherwise agreed with the Agent (on behalf of the LendersFinance Parties) within 30 days after being notified in writing by the Agent of such non-non- compliance, either:

Appears in 1 contract

Samples: Second Supplemental Agreement

Mandatory prepayment – Market Value. If the Market Value falls below 100% or 125% (as the case may be according to Clause 19.1917.21) of the Loans Loan at any time, the Borrower shall, unless otherwise agreed with the Agent (on behalf of the LendersFinance Parties) within 30 days after being notified in writing by the Agent of such non-compliance, either:

Appears in 1 contract

Samples: First Supplemental Agreement (KNOT Offshore Partners LP)

AutoNDA by SimpleDocs

Mandatory prepayment – Market Value. If the Market Value falls below 100110%, 120% or 125% (as the case may be according to Clause 19.1917.21) of the Loans Loan at any time, the Borrower shall, unless otherwise agreed with the Agent (on behalf of the LendersFinance Parties) within 30 days after being notified in writing by the Agent of such non-compliance, either:

Appears in 1 contract

Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.