Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of: (a) each rate of interest; and (b) the duration of each Interest Period; as soon as reasonably practicable after each is determined.
Appears in 37 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (EuroDry Ltd.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 32 contracts
Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition Corp)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 30 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; Period (as determined under Clause 6.2), as soon as reasonably practicable after each is determined.
Appears in 11 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; as soon as reasonably practicable after each is determined.
Appears in 10 contracts
Samples: Supplemental Agreement (Navios Maritime Containers Inc.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Dynagas LNG Partners LP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; Period (as determined under Clause 6.2), as soon as reasonably practicable after each is determined.
Appears in 10 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
of (a) each rate of interest; and
interest and (b) the duration of each Interest Period; , as soon as reasonably practicable after each of (a) and (b) is determined.
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; in each case as soon as reasonably practicable after each is determined.
Appears in 5 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Notification of Interest Periods and rates of normal interest. The Facility Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; Period as soon as reasonably practicable after each is determined.
Appears in 4 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)
Notification of Interest Periods and rates of normal interest. The Agent shall (subject to Clause 6.2(a) notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; as soon as reasonably practicable after each is determined.
Appears in 3 contracts
Samples: Amending and Restating Agreement (TBS International PLC), Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) : each rate of interest; and
(b) and the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Notification of Interest Periods and rates of normal interest. The Facility Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 2 contracts
Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
of (a) each rate of interest; and
interest and (b) the duration of each Interest Period; , as soon as reasonably practicable after each of (a) and (b) is determined.
Appears in 2 contracts
Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; in each case as soon as reasonably practicable after each is determined.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; Period (as determined under Clause 6.2), as soon as reasonably practicable after each is determineddetermined (but in all cases, not later than two (2) Business Days before the start of each Interest Period.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent Lender shall notify the Borrower and each Lender of:
of (a) each rate of interest; and
interest and (b) the duration of each Interest Period; , as soon as reasonably practicable after each of (a) and (b) is determined.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determined.,
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each the rate of interestinterest on the Loan in respect of an Interest Period; and
(b) the duration of each Interest Period; Period (as determined under Clause 6.2), as soon as reasonably practicable after each is determined.
Appears in 1 contract
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each the rate of interestinterest for each Loan; and
(b) the duration of each Interest Period; as soon as reasonably practicable after each is determined.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; Period (as determined under Clause 6.2), as soon as reasonably practicable after each is determineddetermined (but in all cases, not later than three (3) Business Days before the start of each Interest Period.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each of (a) and (b) is determined.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) of each rate of interest; and
(b) the duration of each Interest Period; interest as soon as reasonably practicable after each is determined.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Notification of Interest Periods and rates of normal interest. The Paying Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; as soon as reasonably practicable after each is determined.
Appears in 1 contract
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of:
(a) each rate of interest; and
(b) the duration of each Interest Period; , as soon as reasonably practicable after each is determineddetermined but no later than 2 Business Days prior to the commencement of the next Interest Period.
Appears in 1 contract
