Prepositioning of funds. If, in respect of the Utilisation of the Loan, the Facility Agent (acting on the instructions of the Lenders), at the request of the Borrowers and on terms acceptable to all the Lenders and the Borrowers, prepositions funds with any bank:
Appears in 3 contracts
Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Global Ship Lease, Inc.), Junior Facility Agreement (Global Ship Lease, Inc.)
Prepositioning of funds. If, in respect of the Utilisation of the Loanany proposed Advance under a Facility, the Facility Agent (acting on the instructions of the Lenders)Agent, at the request of the Borrowers Borrower and on terms acceptable to all the Lenders and the Borrowersin their absolute discretion, prepositions preposition funds with any bank, the Borrower:
Appears in 1 contract
Samples: Assignment Agreement (Taylor Maritime Investments LTD)
Prepositioning of funds. If, in respect of the Utilisation of the Loan, the Facility Agent (acting on the instructions of the Lenders), at the request of the Borrowers Borrower and on terms acceptable to all the Lenders and the BorrowersBorrower, prepositions funds with any bank:
Appears in 1 contract
