Prepayment on Warrant Exercise. In the event Lender exercises its option pursuant to Section 6.04 of the SPA to deem the aggregate price payable on exercise of the warrants with US$0.70 to be applied as a prepayment of the Loans under the Facility Agreements, then such deemed payment shall be deemed a prepayment under each of the Facility Agreements to be applied in accordance with clause 2.1(c)(i) hereof.
Appears in 2 contracts
Samples: Omnibus Supplemental Agreement (Seanergy Maritime Holdings Corp.), Omnibus Supplemental Agreement (Seanergy Maritime Holdings Corp.)
Prepayment on Warrant Exercise. In the event Lender exercises its option pursuant to Section 6.04 of the SPA to deem the aggregate price payable on exercise of the warrants with US$0.70 to be applied as a prepayment of the Loans under the Facility AgreementsConvertible Notes, then such deemed payment shall be deemed a prepayment under each of the Facility Agreements Convertible Notes to be applied in accordance with clause 2.1(c)(i2.1(c) hereof.
Appears in 2 contracts
Samples: Omnibus Supplemental Agreement (Seanergy Maritime Holdings Corp.), Omnibus Supplemental Agreement (Seanergy Maritime Holdings Corp.)
