Waivers of conditions precedent. If the Lender, at its discretion, permits the Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Waivers of conditions precedent. If the Lender, at its discretion, permits the an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Waivers of conditions precedent. If the Lender, at its discretion, permits the a Tranche or an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 10 Business Days after the Drawdown Date relative thereto (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers Borrower shall ensure that those conditions are satisfied within 5 Business Days after the relevant Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.), Loan Agreement (DryShips Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Advance a Tranche to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 Business Days 10 days after the Drawdown Date relating to that Tranche (or such longer other period as the Lender may specify).
Appears in 1 contract
Waivers of conditions precedent. If the Lender, at its discretion, permits the an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 10 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Advance a Tranche to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 Business Days after the its Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Agreement (Diana Shipping Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Advance a Tranche to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers Borrower shall ensure that those conditions are satisfied within 5 Business Days after the applicable Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrowers shall ensure that those conditions are satisfied within 5 10 Business Days after the relevant Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)