Common use of Waivers of conditions precedent Clause in Contracts

Waivers of conditions precedent. If the Lender, at its discretion, permits 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 10 Business Days after the Drawdown Date relative thereto (or such longer period as the Lender may specify).

Appears in 2 contracts

Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

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Waivers of conditions precedent. If the Lender, at its discretion, permits a Tranche or an 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 10 5 Business Days after the Drawdown Date relative thereto (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 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 10 Business Days after the Drawdown Date relative thereto (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 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 10 5 Business Days days after the Drawdown Date relative thereto (or such longer period as the Lender may specify).

Appears in 1 contract

Samples: Loan Agreement (TBS International LTD)

Waivers of conditions precedent. If the Lender, at its discretion, permits 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 10 Business Days days after the Drawdown Date relative thereto relating to that Tranche (or such longer other period as the Lender may specify).

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

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Waivers of conditions precedent. If the Lender, at its discretion, permits 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 10 5 Business Days after the its Drawdown Date relative thereto (or such longer period as the Lender may specify).

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Waivers of conditions precedent. If the Lender, at its discretion, permits a Tranche or 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 10 5 Business Days after the applicable Drawdown Date relative thereto (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 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 10 Business Days after the relevant Drawdown Date relative thereto (or such longer period as the Lender may specify).

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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