Mandatory Prepayment on Change of Control. If there is a Change of Control, the Borrower shall be obliged to prepay all of the Loan no later than 60 days following the Change of Control unless such Change of Control is, before the end of such period, approved by the Agent acting with the consent of the Majority Lenders.
Appears in 4 contracts
Samples: Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Amending and Restating Agreement
Mandatory Prepayment on Change of Control. If there is a Change of Control, the Borrower shall be obliged to prepay all of the Loan no later than and comply with Clause 8.14 on or before the date falling 60 days following the such Change of Control unless such Change of Control is, before agreed otherwise by all the end of such period, approved by the Agent acting with the consent of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Mandatory Prepayment on Change of Control. If there is a Change of Control, the Borrower Borrowers shall be obliged to prepay all of the Loan no not later than 60 days following the occurrence of the Change of Control unless such the Agent has approved the Change of Control is, before the end of such period, approved by the Agent (acting with the consent authorisation of the Majority Lenders, which authorisation shall not be unreasonably withheld or delayed and shall only be withheld if there is a valid and reasonable concern on the part of such Lenders as to the financial position of the person in control after the Change of Control or the identity of such person).
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
