Common use of Suspension of drawdown Clause in Contracts

Suspension of drawdown. If Clauses 5.5 or 5.7 apply before the Loan is made the Lenders’ obligations to make the Loan shall be suspended while the circumstances referred to in the Agent’s notice continue.

Appears in 4 contracts

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

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Suspension of drawdown. If Clauses 5.5 or 5.7 5.6 apply before the Loan is made the Lenders' obligations to make the Loan shall be suspended while the circumstances referred to in the Agent’s 's notice continue.

Appears in 1 contract

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

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