Common use of Non-availability of matching deposits for Interest Period selected Clause in Contracts

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 8 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Diana Shipping Inc.)

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Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrowers by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 7 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Amending and Restating Agreement (DryShips Inc.), Loan Agreement (StealthGas Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 7 contracts

Samples: Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 6 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Euronav NV), Loan Agreement (Scorpio Tankers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Rotterdam time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 6 contracts

Samples: Amending and Restating Deed (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.), Second Amending and Restating Deed (Global Ship Lease, Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 6 contracts

Samples: Amending and Restating Agreement (TBS International PLC), Loan Agreement (Top Ships Inc.), Amending and Restating Agreement (TBS International PLC)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 6 contracts

Samples: Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (GasLog Partners LP)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 5 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (General Maritime Corp / MI)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 4 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (DryShips Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.4, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 4 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected Borrower has selected, or proposed and the Lenders have agreed agreed, an Interest Period longer than 3 three months, any Lender notifies the Agent by 11.00 a.m. 1.00 p.m. (London Hamburg time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Relevant Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three months.

Appears in 4 contracts

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Piraeus time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 3 contracts

Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.), Loan Agreement (Star Bulk Carriers Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 3 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected proposed and the Lenders have agreed an Interest Period longer than 3 three months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Relevant Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three months.

Appears in 3 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Castor Maritime Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 monthsmonths duration.

Appears in 3 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Piraeus time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 3 contracts

Samples: Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the that Interest Period shall be of 3 months.

Appears in 2 contracts

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Euronav NV)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Basel time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 2 contracts

Samples: Amending and Restating Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.4, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.5, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Basel time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 2 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected requested and the Lenders have agreed an Interest Period longer other than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 monthsPeriod, any Lender notifies the Administrative Agent by 11.00 11:00 a.m. (London New York time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.2, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Majority Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected Borrower has proposed and the Lenders have agreed an Interest Period longer than 3 three months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Relevant Market when the Interest Period commences, the Interest Period shall be of 3 three months.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Non-availability of matching deposits for Interest Period selected. If, If after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrowers by 11.00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York time) on the third fifth Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed to an Interest Period longer than 3 monthsPeriod, any Lender notifies the Agent by 11.00 10:00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the then that Interest Period shall be of 3 monthshave such duration as the Agent after having consulted with the Borrower may determine.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Containers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed to an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Dublin time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Copenhagen time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrowers by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months6 months duration.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 11:00 a.m. (London Paris time) on the third Business Day before following the commencement of Business Day on which the Interest Period Agent provided notification pursuant to Clause 5.4 that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market interbank market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected Borrower has proposed and the Lenders have agreed an Interest Period longer than 3 three months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Relevant Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three months.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Amsterdam time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. 11:00am (London Copenhagen time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Xxxxxx Xxxxxxxxx Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected Borrower has selected, or proposed and the Lenders have agreed agreed, an Interest Period longer than 3 three months, any Lender notifies the Agent by 11.00 a.m. 1.00 p.m. (London Hamburg time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Relevant Market when the Interest Period commences, the Interest Period shall be of 3 three months.

Appears in 1 contract

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market interbank market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York time) on the third second Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the that Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Rotterdam time) on the third Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the that Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Containers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Product Shipping Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Rotterdam time) on the third Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the that Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Supplemental Agreement (Navios Maritime Containers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Facility Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 10.00 a.m. (London time) on the third Business Banking Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 monthssuch duration as the Lender may advise the Borrower in writing.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months6 months in accordance with Clause 5.2(d), any the Lender notifies the Agent Borrower by 11.00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 11:00 a.m. (London Hamburg time) on the third Business Day before following the commencement of Business Day on which the Interest Period Agent provided notification pursuant to Clause 5.4 that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market interbank market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Credit Agreement (Scorpio Bulkers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months6 months duration.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer other than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Hamburg time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Facility Agent by 11.00 a.m. (London Hamburg time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London Frankfurt time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Xxxxxx Xxxxxxxxx Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Rotterdam time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Management Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. am. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 10.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Relevant Interbank Market when the Interest Period commences, the Interest Period shall be of 3 monthsmonths duration.

Appears in 1 contract

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrowers by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market interbank market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected (and the Lenders have agreed agreed) an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any the Lender notifies the Agent Borrower by 11.00 a.m. (London Basel time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.4, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 three (3) months, any Lender notifies the Agent by 11.00 not later than 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed to an Interest Period longer than 3 monthsPeriod, any Lender notifies the Agent by 11.00 10:00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the then that Interest Period shall be of 3 monthshave such duration as the Agent after having consulted with the Borrowers may determine.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected (and the Lenders have agreed agreed) an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. (London time) on the third Business Day before the commencement of the that Interest Period Period, that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the commences that Interest Period shall be of 3 a duration of 6 months.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrowers by 11.00 11,00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Amending and Restating Agreement (DryShips Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Facility Agent by 11.00 a.m. (London time) on the third second Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market interbank market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

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

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period (other than a Fixed Rate Period) longer than 3 months, any Lender notifies the Agent by 11.00 a.m. (London Copenhagen time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 months.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 months, any Lender notifies the Facility Agent by 11.00 11:00 a.m. (London New York time) on the third second Business Day before the commencement of the that Interest Period that it is not satisfied that deposits in Dollars for a period equal to the that Interest Period will be available to it in the London Interbank Market when the that Interest Period commences, the that Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 monthsthree (3) months pursuant to Clause 6.2, any Lender notifies the Agent by 11.00 11:00 a.m. (London New York City time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 three (3) months.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have Borrower has selected and the Lenders have agreed an Interest Period longer than 3 6 months, any Lender notifies the Agent by 11.00 a.m. 5.00 p.m. (London Singapore time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (Seacastle Inc.)

Non-availability of matching deposits for Interest Period selected. If, after the Borrowers have selected and the Lenders have Lender has agreed an Interest Period longer than 3 6 months, any the Lender notifies the Agent Borrowers by 11.00 a.m. (London Athens time) on the third Business Day before the commencement of the Interest Period that it is not satisfied that deposits in Dollars for a period equal to the Interest Period will be available to it in the London Interbank Market when the Interest Period commences, the Interest Period shall be of 3 6 months.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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