Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
Appears in 15 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
Appears in 5 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.), Private and Confidential (Navios Maritime Holdings Inc.)
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
Appears in 3 contracts
Samples: Facility Agreement (Pyxis Tankers Inc.), EuroDry Ltd., Euroseas Ltd.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Payment Agent at such bank as the Payment Agent may have notified to the Lenders and shall be paid by the Payment Agent on such date in like funds as are received by the Payment Agent to the account specified in the relevant Drawdown Notice.
Appears in 3 contracts
Samples: Agreement, Agreement (Navios Maritime Partners L.P.), Navios Maritime Partners L.P.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers under this Agreement shall be remitted in USD Dollars on the relevant Drawdown Date for the relevant Advance to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown NoticeNotice for such Advance.
Appears in 2 contracts
Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Payment Agent at such bank as the Payment Agent may have notified to the Lenders and shall be paid by the Payment Agent on such date in like funds as are received by the Payment Agent to the account specified in the relevant Drawdown Notice.
Appears in 2 contracts
Samples: Navios Maritime Acquisition CORP, Navios Maritime Holdings Inc.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Payment Agent at such bank as the Payment Agent may have notified to the Lenders and shall be paid by the Payment Agent on such date in like funds as are received by the Payment Agent to the account specified in the relevant Drawdown Notice.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
Appears in 1 contract
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account or accounts specified in the relevant Drawdown Notice.
Appears in 1 contract
Samples: Navios Maritime Partners L.P.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers under this Agreement shall be remitted in USD on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account specified in the relevant Drawdown Notice.
Appears in 1 contract
Samples: Navios Maritime Holdings Inc.
Payment by the Lenders. All sums to be advanced by the Lenders to the Borrowers Borrower under this Agreement in respect of each Advance or the Loan shall be remitted in USD Dollars on the relevant Drawdown Date to the account of the Agent at such bank as the Agent may have notified to the Lenders and shall be paid by the Agent on such date in like funds as are received by the Agent to the account of the Borrower and/or the Builder as specified in the relevant Drawdown Notice.
Appears in 1 contract
