Common use of Drawdown Notice irrevocable Clause in Contracts

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director or other authorised person of a Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

Appears in 4 contracts

Samples: Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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Drawdown Notice irrevocable. A Each Drawdown Notice must be signed by a director or other authorised person of a each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the LenderAgent, acting on the authority of all the Lenders.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

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Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director or other authorised person of a the Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Lender.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

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