The Loan and Its Purpose. 2.1 Amount Subject to the terms of this Agreement, the Lenders agree to make available to the Borrower a term loan not exceeding the Maximum Loan Amount.
Appears in 2 contracts
Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)
The Loan and Its Purpose. 2.1 Amount Subject to the terms of this Agreement, the Lenders agree Lender agrees to make available to the Borrower a term loan in an aggregate amount not exceeding the Maximum Loan Amount.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
The Loan and Its Purpose. 2.1 Amount Subject to the terms of this Agreement, the Lenders agree to make available to the Borrower Borrowers a term loan comprising both Vessel Loans and not exceeding in aggregate the Maximum Loan Amount.
Appears in 1 contract
The Loan and Its Purpose. 2.1 Amount Subject to the terms of this Agreement, the Lenders agree to make available to the Borrower Borrowers a term loan in two Drawings not exceeding the Maximum Loan Amount.
Appears in 1 contract
