Common use of Payment of increased costs Clause in Contracts

Payment of increased costs. The Borrowers shall pay to the Agent within 5 Business Days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 6 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

AutoNDA by SimpleDocs

Payment of increased costs. The Borrowers Borrower shall pay to the Agent Agent, within 5 Business Days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 3 contracts

Samples: Amending and Restating Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent within Agent, not later than 5 Business Days days after the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 3 contracts

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

Payment of increased costs. The Borrowers shall pay to the Agent Agent, within 5 Business Days after 30 days from the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Product Shipping Ltd.)

Payment of increased costs. The Borrowers shall pay to the Agent within Agent, not later than 5 Business Days days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Payment of increased costs. The Borrowers shall pay to the Agent within Agent, no later than 5 Business Days days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent Agent, within 5 Business Days after 30 days from the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 2 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

Payment of increased costs. The Borrowers shall pay to the Agent within Agent, not later than 5 Business Days days after the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Payment of increased costs. The Borrowers shall pay to the Agent Agent, within 5 Business Days after days on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Payment of increased costs. The Borrowers shall pay to the Agent within 5 Business Days after Agent, not later than 10 days following the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent Agent, within 5 five (5) Business Days after of the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.. 113 ‌

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

AutoNDA by SimpleDocs

Payment of increased costs. The Borrowers Borrower shall pay to the Agent within 5 Business Days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

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

Payment of increased costs. The Borrowers Borrower shall pay to the Agent within 5 Business Days after the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender Lxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Payment of increased costs. The Borrowers shall pay to the Agent Agent, within 5 Business Days after days on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent Agent, within 5 five (5) Business Days after of the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Dorian LPG Ltd.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent Agent, within 5 five (5) Business Days after of the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Payment of increased costs. The Borrowers Borrower shall pay to the Agent within 5 Business Days after the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!