Common use of Number of Advances Clause in Contracts

Number of Advances. The Commitment shall be advanced to the Borrower in full one amount on the Drawdown Date.

Appears in 3 contracts

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

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Number of Advances. The Commitment shall be advanced to the Borrower in full in one amount on the Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (FreeSeas Inc.)

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