Common use of Reborrowing Clause in Contracts

Reborrowing. No Borrower may reborrow any part of the Facility which is repaid.

Appears in 33 contracts

Samples: Agreement (Global Ship Lease, Inc.), Facility Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

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Reborrowing. No Borrower may reborrow any part of the a Facility which is repaid.

Appears in 5 contracts

Samples: Facilities Agreement, Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Reborrowing. No Borrower may reborrow re-borrow any part of the Facility which is repaid.

Appears in 4 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp), Assignment Agreement (United Maritime Corp)

Reborrowing. No Borrower may reborrow any part of the Facility which is prepaid or repaid.

Appears in 2 contracts

Samples: Junior Facility Agreement (Endeavour International Corp), Junior Facility Agreement (Endeavour International Corp)

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Reborrowing. No Borrower may reborrow any part of the Facility which is repaidrepaid or pre-paid.

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

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