Common use of Request for Advance Clause in Contracts

Request for Advance. Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 Business Days prior to the intended Drawdown Date.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

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Request for Advance. Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Facility Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 3 Business Days prior to the intended Drawdown Date. For the avoidance of doubt, as at the date of the Deed of Amendment and Restatement Tranche A has been drawn down in full, in a single Advance on the relevant Drawdown Date, in accordance with Clause 4.2(b).

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Request for Advance. Subject to the following conditions, the Borrower Borrowers may request that an Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 3 Business Days (or such shorter notice as the Agent may, with the authorisation of all the Lenders, agree) prior to the intended Drawdown Date.

Appears in 2 contracts

Samples: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)

Request for Advance. Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 3 Business Days prior to the intended Drawdown DateDate or such shorter period as the Agent and the Borrower mutually agree.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)

Request for Advance. Subject to the following conditionsconditions and the provisions of Clause 9.1, the Borrower may request an the Advance to be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 two Business Days Days’ prior to the intended Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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Request for Advance. Subject to the following conditions, the Borrower Borrowers may request an Advance to be made by ensuring that the Facility Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 3 Business Days prior to the intended Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Request for Advance. Subject to the following conditions, the Borrower may request an that the Term Advance to or a Newbuilding Advance be made by ensuring that the Agent receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 5 3 Business Days prior to the intended Drawdown Date.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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