Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make the Loan to the Borrower; and payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.
Appears in 4 contracts
Samples: Loan Agreement (TBS International LTD), Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Agreement (Golar LNG Partners LP)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make advance the Loan to the Borrower; and payment to the Borrower shall be made to the account of the Seller which the Borrower specifies in the Drawdown Notice.
Appears in 3 contracts
Samples: Agreement (Star Bulk Carriers Corp.), Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Cosmo Llc.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the each Drawdown Date make available the Loan relevant Tranche or Advance to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account which the Borrower specifies Borrowers specify in the relevant Drawdown Notice.
Appears in 2 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make advance the Loan to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account which the Borrower specifies Borrowers specify in the Drawdown Notice.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Disbursement of Loan. Subject to the provisions of this AgreementAgreement and to the Lender’s acknowledgement and acceptance of the duly completed Drawdown Notice, the Lender shall shall, on the Drawdown Date Date, make the Loan to the Borrower; Borrower and that payment to the Borrower shall be made to the account which specified by the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make the Loan available to the Borrower; and payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make available the Loan to the Borrower; Borrower and payment to the Borrower shall be made to the account which the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
Samples: Agreement (Paragon Shipping Inc.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make disburse the Loan to the Borrower; and payment to the Borrower shall be made to the account of the Borrower or, as the case may be, to the Builder which the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall shall, on the Drawdown Date Date, make the Loan to the Borrower; Borrower and that payment to the Borrower shall be made to the account which specified by the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make Date, advance the Loan to the BorrowerBorrowers; and payment to the Borrower Borrowers shall be made to the account which the Borrower specifies Borrowers specify in the Drawdown Notice.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
Disbursement of Loan. Subject to the provisions of this Agreement, the Lender shall on the Drawdown Date make the Loan available to the Borrower; and payment to the Borrower shall be made to the account of the Seller, the Builder or, as the case may be, the Borrower which the Borrower specifies in the Drawdown Notice.
Appears in 1 contract
