Amount of repayment instalments. If, on a Dividend Declaration Date, the Security Cover Percentage is less than 140 per cent., then the Borrower shall repay the Loan in an amount which, once repaid, shall eliminate the shortfall.
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Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
Amount of repayment instalments. If, on the date falling 3 days prior to a Dividend Declaration Date, the Security Cover Percentage is less than 140 145 per cent., then the Borrower shall repay the Loan in an amount which, once repaid, shall eliminate the shortfall.
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Amount of repayment instalments. If, on a Dividend Declaration Date, the Security Cover Percentage is less than 140 154 per cent., then the Borrower shall repay the Loan in an amount which, once repaid, shall eliminate the shortfall.
Appears in 1 contract
Amount of repayment instalments. If, on a Dividend Declaration Date, the Security Cover Percentage is less than 140 130 per cent., then the Borrower shall repay the Loan in an amount which, once repaid, shall eliminate the shortfall.
Appears in 1 contract
