Common use of Mandatory prepayment on sale or Total Loss Clause in Contracts

Mandatory prepayment on sale or Total Loss. The Borrower shall be obliged to prepay the Relevant Amount if a Ship:

Appears in 3 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

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Mandatory prepayment on sale or Total Loss. The Borrower shall be obliged to prepay the Relevant Amount Loan if the Ship is sold or becomes a ShipTotal Loss:

Appears in 3 contracts

Samples: Loan Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Loan Agreement

Mandatory prepayment on sale or Total Loss. The Borrower shall be obliged to prepay the Relevant Amount whole of the Loan if the Ship is sold or becomes a ShipTotal Loss:

Appears in 2 contracts

Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)

Mandatory prepayment on sale or Total Loss. The Borrower shall be obliged to prepay repay the Relevant Amount relevant Tranche if the Ship is sold or becomes a ShipTotal Loss:

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

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Mandatory prepayment on sale or Total Loss. The Borrower shall be obliged to prepay the Relevant Amount Loan if a the Ship:

Appears in 1 contract

Samples: Agreement (Capital Product Partners L.P.)

Mandatory prepayment on sale or Total Loss. The Borrower Borrowers shall be obliged to prepay the Relevant Amount relevant amount of the Loan if a ShipShip is sold or becomes a Total Loss:

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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