Vessel Loans definition

Vessel Loans means more than one of them.
Sample 1Sample 2Sample 3
Vessel Loans means the Vessel Construction Loans and the Vessel Capitalized Interest Loans.
Sample 1
Vessel Loans means more than one of them. 1.124. "Vessel One" means the Vessel designated as "Vessel One" in Schedule 1. 1.124A. "Vessel Six" means the Vessel designated as "Vessel Six" in Schedule 1. 1.125. "Vessel Three" means the Vessel designated as "Vessel Three" in Schedule 1. 1.126. "Vessel Two" means the Vessel designated as "Vessel Two" in Schedule 1. 1.127. "Vessels" means the vessels listed in Schedule 1 or any other vessel which may from time to time be mortgaged in favour of the Security Trustee as security for the obligations of the Security Parties under the Finance Documents, and everything now or in the future belonging to them on board and ashore and "Vessel" means any one of them. 1.
Sample 1

Examples of Vessel Loans in a sentence

  • The Borrowers shall use the Vessel Loans for the purposes referred to in Recital (B).

  • We select the period of [ ] ([ ]) month[s] as the first Interest Period for the Vessel Loan[s] requested in this Drawdown Notice.

  • APPENDIX A Form of Drawdown Notice To: ING Bank N.V., Singapore Branch 1 Xxxxxxx Xxxxxx, #00-00 Xxxxx Xxxxx Xxxxxxxxx 000000 From: Pernli Marine Ltd Persect Marine Ltd Felox Marine Ltd Respent Marine Ltd Date: [ ] 2022 Dear Sirs, Drawdown Notice – Vessel Loan[s] for [Vessel One] [Vessel Two] [Vessel Three] [Vessel Four] We refer to the Loan Agreement dated [ ] 2022 made between (amongst others) ourselves and yourselves (the “Agreement”).

  • The applicable repayment schedule set out in Schedule 6 to apply for each New Vessel Loan shall depend on whether the Advance Date for the New Vessel Loans is a date that would make it a Transfer Date X, a Transfer Date Y or a Transfer Date Z.

  • No Event of Default and no event, which with the giving of notice or lapse of time, or both, would be an Event of Default shall have occurred and be continuing, or would result from the Vessel Loans being incurred on such date.

  • As consideration for these charter contracts, Arkstar Offshore shall pay the amounts equivalent to the monthly dues to the relevant Lenders under the relevant Outstanding Vessel Loans.

  • As a result of the lack of documentary evidence, the Tribunal found that the best evidence was the affidavits provided by petitioner’s witnesses and unrebutted by the respondent.

  • The Group intends to utilise the Net Proceeds as follows: The shortfall of the Net Proceeds against the Vessel Loans will be settled partially in cash and partially in Shares, the details of which to be decided at a later date among SIF, RHB and the Company.

  • The Borrower will prepay the aggregate principal amount of the outstanding Vessel Loans in whole, together with all accrued and unpaid interest thereon within 60 days after any date when the Vessel Construction Contract shall have been terminated or rescinded.

  • The consideration payable by Arkstar Offshore in respect of the charter contracts shall be an amount equivalent to the monthly repayments due to the relevant Lenders in respect of the Outstanding Vessel Loans.


More Definitions of Vessel Loans

Vessel Loans means the aggregate of Kea Vessel Loan, Spetses Vessel Loan and Hydra Vessel Loan and “Vessel Loans” means any of them.
Sample 1
Vessel Loans means any of them.
Sample 1

Related to Vessel Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Replacement Loans has the meaning specified in Section 10.01.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.