Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other authorised person of the Borrower; and once served, the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (EuroDry Ltd.)
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority authorisation of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other authorised person a duly appointed attorney-in-fact of the BorrowerBorrowers; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other duly authorised person signatory of the Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other a duly authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other duly authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other officer or authorised person signatory of the each Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.)
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other authorised person a duly appointed attorney-in-fact of the each Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other an authorised person signatory of the Borrower; and once served, the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other duly authorised person on behalf of the Borrower; and once served, the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other duly authorised person signatory of the BorrowerBorrowers; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other authorised person of each of the BorrowerBorrowers; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority LendersLenders (such consent not to be unreasonably withheld or delayed), provided always that the Agent has received promptly and correctly any cancellation request made pursuant to Clause 2.4.
Appears in 1 contract
Samples: Loan Agreement (Alma Maritime LTD)
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by an authorized signatory of a director or other authorised person of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director director, officer or other authorised person of the Borrower; each Borrower and once served, the such Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director an officer or other authorised person of the Borrower; and once served, served the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other duly authorised person representative of the BorrowerBorrowers; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other authorised person of the BorrowerBorrowers; and once served, the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other an authorised person signatory of the each Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by an authorized signatory or a director or other authorised person of the Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other authorised person duly authorized Person on behalf of the each Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Administrative Agent, acting on with the authority authorization of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person on behalf of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other authorised person of the Borrower; and once served, the Drawdown Notice notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person signatory of the each Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other duly authorised person on behalf of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on with the authority authorisation of the Majority LendersLenders (which authorisation shall not be unreasonably withheld).
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person signatory of the BorrowerBorrowers; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other an authorised person representative of the each Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Drawdown Notice irrevocable. The Drawdown Notice must be signed by a director or other authorised person of the Borrower; and once served, the Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The Each Drawdown Notice must be duly signed by a director or other duly authorised person signatory of the each Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other duly authorised person signatory of the Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority authorisation of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be duly signed by a director or other authorised person of the BorrowerBorrowers; and once served, the a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Drawdown Notice irrevocable. The A Drawdown Notice must be signed by a director or other authorised person of the each Borrower; and once served, the a Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Dynagas LNG Partners LP
Drawdown Notice irrevocable. The Each Drawdown Notice must be signed by an authorised signatory or a director or other authorised person of the Borrower; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Agreement (Star Bulk Carriers Corp.)
Drawdown Notice irrevocable. The Drawdown Notice must be duly signed by a director or other an authorised person on behalf of the BorrowerBorrowers; and once served, the Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)