Payment by the Bank. The proceeds of the Loan to be advanced by the Bank to the Borrowers under this Agreement must be remitted in USD on the relevant Drawdown Date to the account or accounts specified in the relevant Drawdown Notice.
Appears in 9 contracts
Samples: Agreement, Agreement, Facility Agreement (Navios Maritime Holdings Inc.)
Payment by the Bank. The proceeds of the Loan to be advanced by the Bank to the Borrowers Borrower under this Agreement must be remitted in USD on the relevant Drawdown Date to the account or accounts specified in the relevant Drawdown Notice.
Appears in 3 contracts
Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)
Payment by the Bank. The proceeds of the Loan to be advanced by the Bank to the Borrowers under this Agreement must be remitted in USD on the relevant Drawdown Date to the account or accounts specified in the relevant Drawdown Notice.
Appears in 1 contract
Payment by the Bank. The proceeds of the Loan to be advanced by the Bank to the Borrowers Borrower under this Agreement must be remitted in USD on the relevant Drawdown Date to the account or accounts specified in the relevant Drawdown Notice.
Appears in 1 contract
