Payments on demand. For the purposes of clause 30.1 and subject to the Agent’s right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 2 contracts
Samples: Loan Agreement (Navigator Holdings Ltd.), Supplemental Agreement (Navigator Holdings Ltd.)
Payments on demand. For the purposes of clause 30.1 27.1 (Events of Default) and subject to the Agent’s right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 2 contracts
Samples: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)
Payments on demand. For the purposes of clause 30.1 31.1 and subject to the Agent’s right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 2 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Loan Facility Agreement (Navigator Holdings Ltd.)
Payments on demand. For the purposes of clause 30.1 and 30.1and subject to the Agent’s right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 2 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)
Payments on demand. For the purposes of clause 30.1 (Non-payment) and subject to the Agent’s right to demand interest under clause 8.38.3 (Default interest), payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 1 contract
Payments on demand. For the purposes of clause 30.1 (Non-payment) and subject to the Agent’s 's right to demand interest under clause 8.38.3 (Default interest), payments on demand shall be treated as paid when due if paid within three (3) Business Days of demand.
Appears in 1 contract
Samples: Facility Agreement (DryShips Inc.)
Payments on demand. For the purposes of clause 30.1 31.1 and subject to the Agent’s 's right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 1 contract
Payments on demand. For the purposes of clause 30.1 28.1 and subject to the Agent’s right to demand interest under clause 8.3, payments on demand shall be treated as paid when due if paid within three Business Days of demand.
Appears in 1 contract
Samples: Facility Agreement (GasLog Ltd.)
