Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant Vessel.
Appears in 3 contracts
Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Term Loan Facility Agreement (International Shipholding Corp)
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant VesselVessel (to be dated not earlier than one month prior to the Drawdown Date).
Appears in 2 contracts
Samples: Agreement (International Shipholding Corp), Credit Agreement (International Shipholding Corp)
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant Vessel.
Appears in 2 contracts
Samples: Loan Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant each Vessel.
Appears in 1 contract
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant each Vessel.
Appears in 1 contract
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of each of the relevant VesselVessels.
Appears in 1 contract
Vessel Appraisals. The Facility Agent shall have received appraisals, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant VesselNewbuilding.
Appears in 1 contract
Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)
Vessel Appraisals. The Facility Agent shall have received appraisalsan appraisal of the Fair Market Value of the applicable Vessel from an Approved Broker, in form and substance satisfactory to the Facility Agent, as to the Fair Market Value of the relevant Vessel.;
Appears in 1 contract
Samples: Consent and Agreement (SEACOR Marine Holdings Inc.)