Prepositioning of funds. If, in respect of the Utilisation of any Advance, the Lenders, at the request of the Borrowers and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with any bank, each Borrower and each Guarantor:
Appears in 6 contracts
Samples: Facilities Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)
Prepositioning of funds. If, in respect of the Utilisation of any Advanceproposed Advance under a Tranche, the LendersLender, at the request of the Borrowers and on terms acceptable to all the Lenders Lender and in their its absolute discretion, preposition prepositions funds with the Existing Lender or any other bank, each Borrower and each the Parent Guarantor:
Appears in 2 contracts
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)
Prepositioning of funds. If, in respect of the Utilisation of any Advance, the Lenders, at the request of the Borrowers and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with any bank, each Borrower and each the Guarantor:
Appears in 1 contract
Prepositioning of funds. If, in respect of any proposed Advance under the Utilisation of any AdvanceLoan, the Lenders, at the request of the Borrowers and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with any bank, each Borrower the Borrowers and each Guarantorthe Guarantors:
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Prepositioning of funds. If, in respect of the Utilisation of any an Advance, the Lenders, at the request of the Borrowers Borrower and on terms acceptable to all the Lenders and in their absolute discretion, preposition pre-position funds with any bankthe Builder's bank at the request of the Borrower, each the Borrower and each Guarantorother Obligor:
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Prepositioning of funds. If, in respect of the Utilisation of any Advance, If the Lenders, at the request of the Borrowers Borrower and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with the Builder's or any other bank, each the Borrower and each the Guarantor:
Appears in 1 contract
Samples: Assignment Agreement (Euroseas Ltd.)
Prepositioning of funds. If, in respect of the Utilisation of any proposed Advance, the Lenders, at the request of the Borrowers and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with any bank, each Borrower and each the Guarantor:
Appears in 1 contract
Prepositioning of funds. If, in respect of the Utilisation drawdown of any AdvanceTranche, the Lenders, at the request of the Borrowers and on terms acceptable to all the Lenders and in their absolute discretion, preposition funds with any bank, each Borrower shall and each Guarantorshall procure that the Guarantor shall:
Appears in 1 contract
Samples: Agreement (Scorpio Bulkers Inc.)