Satisfaction after Drawdown. Without prejudice to any of the terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any Advance prior to the satisfaction of all or any of the conditions precedent set forth in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 4 contracts
Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes advance any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to elsewhere in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Credit Agreement (Chiles Offshore LLC), Credit Agreement (Chiles Magellan LLC)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility available prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.1, 4.2, 4.3 or 4.4, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any Advance advance the Loan prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Loan Agreement (Omi Corp/M I), Loan Agreement (Omi Corp/M I)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any make an Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to elsewhere in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any make an Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to elsewhere in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree)) and the failure of the Borrower to do so will constitute an Event of Default.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility (Seacor Holdings Inc /New/), Revolving Credit Facility (Seacor Holdings Inc /New/)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility available to the Borrower prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Credit Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any to make an Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 3.1 and 4.23.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Facility Agreement (OSG America L.P.), Senior Secured Revolving Credit Facility Agreement (OSG America L.P.)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Loan prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.2, the Borrower Borrowers hereby covenants covenant and undertakes undertake to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility available prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.1, 4.2, 4.3, 4.4, 4.5 or 4.7, each of the Borrower Borrowers hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Facility Agreement (International Shipholding Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen five (145) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Loan prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 3.01 and 4.23.02, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.1, 4.2, 4.3 or 4.4 the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Credit Facility Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.2this Section 4, each of the Borrower Borrowers hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes advance any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to elsewhere in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24.1, 4.2 or 4.3, the Borrower Borrowers hereby covenants covenant and undertakes undertake to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.1, 4.2, 4.3 or 4.4, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Facility Agreement (International Shipholding Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility available to the B01Tower prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any Advance make the Loan prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24.2 (other than in the case of a waiver of such conditions in accordance with this Agreement), the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any make an Advance available prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any Advance advance the Facility prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the LendersCreditors, in their sole discretion, may agree).
Appears in 1 contract
Samples: Credit Facility Agreement (K-Sea Transportation Partners Lp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes advance any Advance or the Issuing Lender issues any Letter of Credit prior to the satisfaction of all or any of the conditions precedent set forth referred to elsewhere in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, or the Facility Agent, as the case may be, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes any Advance make the Loan available prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Credit Agreement (Tidewater Inc)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Loan prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any Advance to make the Facility available to the Borrowers prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 4.1, 4.2 and 4.24.3, each of the Borrower Borrowers hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Facility Agreement (International Shipholding Corp)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower Borrowers hereby covenants covenant and undertakes undertake to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Samples: Term Loan and Revolving Credit Facility Agreement (Stolt Nielsen S A)
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Loan Agreement, in the event the Lenders, in their sole discretion, makes any Advance make the Loan available prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and or 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any to make an Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.2, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Credit Facility Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24.1, 4.2 or 4.3, the Borrower hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Agreement, in the event all of the LendersLenders elect, in their sole discretion, makes any to make an Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 3.1 and 4.23.2, the Borrower Borrowers hereby covenants covenant and undertakes undertake to satisfy or procure the satisfaction of such condition or conditions within fourteen seven (147) days after the relevant Drawdown Date (or such longer period as the Majority Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Credit Facility Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24.1, 4.2 or 4.3, each of the Borrower Borrowers hereby covenants and undertakes to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract
Satisfaction after Drawdown. Without prejudice to any of the other terms and conditions of this Credit Facility Agreement, in the event the Lenders, in their sole discretion, makes make any Advance prior to the satisfaction of all or any of the conditions precedent set forth referred to in Sections 4.1 and 4.24.1, 4.2 or 4.3, the Borrower Borrowers hereby covenants covenant and undertakes undertake to satisfy or procure the satisfaction of such condition or conditions within fourteen (14) days after the relevant Drawdown Date (or such longer period as the Lenders, in their sole discretion, may agree).
Appears in 1 contract