Repayment Dates. The first repayment instalment for the Loan shall be repaid on the date falling 3 months after the Drawdown Date, each subsequent repayment instalment shall be repaid at 3-monthly intervals thereafter and the last instalment shall be repaid, together with the Balloon Instalment, on the date falling on the seventh anniversary of the Drawdown Date.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Repayment Dates. The first repayment instalment for the Loan shall be repaid on the date falling 3 months after the Drawdown DateDate of Tranche C, each subsequent repayment instalment shall be repaid at 3-monthly intervals thereafter and the last instalment shall be repaid, together with the Balloon Instalment, on the date falling on the seventh sixth anniversary of the such Drawdown Date.
Appears in 2 contracts
Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)
Repayment Dates. The first repayment instalment for the Loan shall be repaid on the date falling 3 months after the Drawdown DateDate of Tranche A, each subsequent repayment instalment shall be repaid at 3-monthly intervals thereafter and the last instalment shall be repaid, together with the Balloon Instalment, on the date falling on the seventh sixth anniversary of the such Drawdown Date.
Appears in 1 contract
Repayment Dates. The first repayment instalment for of the Loan or of each Tranche (as the case may be) shall be repaid on the date falling 3 months after the Drawdown Date, each subsequent repayment instalment shall be repaid at 3-monthly intervals thereafter Date and the last instalment shall be repaid, together with of the Balloon Instalment, Loan or of each Tranche (as the case may be) on the date falling on the seventh tenth anniversary of after the Drawdown DateDate together with the relevant balloon instalment.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)