Mandatory prepayment on sale or Total Loss. If a Ship is sold or becomes a Total Loss, the Borrower shall prepay the Tranche related to that Ship and comply with Clause 8.14:
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Mandatory prepayment on sale or Total Loss. If a Ship is sold or becomes a Total Loss, the Borrower Borrowers shall prepay the Tranche related to that Ship and comply with Clause 8.14:
Appears in 1 contract
Samples: Agreement (Scorpio Tankers Inc.)
Mandatory prepayment on sale or Total Loss. If a Ship is sold or becomes a Total Loss, the Borrower Borrowers shall prepay the Tranche related to that Ship and comply with Clause 8.148.15:
Appears in 1 contract
Samples: Agreement (Scorpio Bulkers Inc.)
