Common use of Payment by the Lender Clause in Contracts

Payment by the Lender. All sums to be advanced by the Lender to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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Payment by the Lender. All sums to be advanced by the Lender to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant each Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Facility Agreement for a Term Loan (StealthGas Inc.)

Payment by the Lender. All sums to be advanced by the Lender to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

Payment by the Lender. All sums to be advanced by the Lender to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Facility Agreement (EuroDry Ltd.)

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Payment by the Lender. All sums to be advanced by the Lender to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Payment by the Lender. All sums to be advanced by the Lender to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date by the Lender on such to the account specified in the relevant Drawdown Notice.

Appears in 1 contract

Samples: Facility Agreement (StealthGas Inc.)

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