Utilisation. 4.1 The Borrower must provide NAVIOS with a Drawdown Notice at least one Business Day before stating the date on which NAVIOS is to make the Loan available to the Borrower (the Term Date) and to be credited to an account to be nominated by the Borrower: 4.2 The Loan may be borrowed in up to three advances. 4.3 The Borrower agrees to pay to Navios an arrangement fee of four hundred thousand Dollars ($400,000) on the date of the first advance under the Loan. 4.4 The Loan is for general corporate purposes.
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Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)
Utilisation. 4.1 The Borrower must provide NAVIOS Navios with a Drawdown Notice at least one Business Day before stating the date on which NAVIOS Navios is to make the Loan available to the Borrower (the Term Date) and to be credited to an account to be nominated by the Borrower:
4.2 The Loan may be borrowed in up to three multiple advances.
4.3 The Borrower agrees to pay to Navios an arrangement fee of four six hundred thousand Dollars ($400,000600,000) on the date of the first advance under the Loan.
4.4 The Loan is for general corporate purposes.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement
Utilisation. 4.1 The Borrower must provide NAVIOS Navios with a Drawdown Notice at least one Business Day before stating the date on which NAVIOS Navios is to make the Loan available to the Borrower (the Term Date) and to be credited to an account to be nominated by the Borrower:
4.2 The Loan may be borrowed in up to three advances.
4.3 The Borrower agrees to pay to Navios an arrangement fee of four hundred thousand United States Dollars ($400,000) 4,000,000 on the date of the first advance under of the Loan.
4.4 The Loan is for general corporate purposes.
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