Common use of Non-Delivery of Ship or non-drawing of Delivery Advance Clause in Contracts

Non-Delivery of Ship or non-drawing of Delivery Advance. any Ship is not delivered to, and accepted by, the relevant Borrower under the relevant Contract or the Delivery Advance for such Ship is not drawn down, in either case, on or before the end of the Drawdown Period for the Delivery Advance relevant to such Ship; or

Appears in 4 contracts

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

Non-Delivery of Ship or non-drawing of Delivery Advance. any Ship is not delivered to, and accepted by, the relevant Borrower under the relevant Assigned Contract or the Delivery Advance for such Ship is not drawn down, in either case, on or before the end of the Drawdown Period Final Availability Date for the Delivery Advance relevant to such Ship; or

Appears in 2 contracts

Sources: Facility Agreement (Costamare Partners LP), Facility Agreement (Costamare Partners LP)

Non-Delivery of Ship or non-drawing of Delivery Advance. any Ship is not delivered to, and accepted by, the relevant Borrower under the relevant Contract or the Delivery Advance for such Ship is not drawn down, in either case, on or before the end of the Drawdown Period Termination Date for the relevant Delivery Advance relevant to such ShipAdvance; or

Appears in 1 contract

Sources: Loan Agreement (Euronav NV)

Non-Delivery of Ship or non-drawing of Delivery Advance. any Ship is not delivered to, and accepted by, the relevant Borrower under the relevant Contract or the Delivery Advance for such Ship is not drawn down, in either case, on or before the end of the Drawdown Period for the Delivery Advance relevant to such ShipTermination Date; or

Appears in 1 contract

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.)

Non-Delivery of Ship or non-drawing of Delivery Advance. any Borrower Ship is not delivered to, and accepted by, the relevant Borrower under the relevant Contract or the Delivery Advance for such Borrower Ship is not drawn down, in either case, on or before the end of the Drawdown Period Termination Date for the Delivery Advance relevant to such Borrower Ship; or

Appears in 1 contract

Sources: Ninth Supplemental Agreement (Aegean Marine Petroleum Network Inc.)