Interest Periods to meet Repayment. Dates If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.
Appears in 9 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement, Loan Agreement (Scorpio Bulkers Inc.)
Interest Periods to meet Repayment. Dates If an Interest Period will would otherwise expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that the next Repayment Date.
Appears in 4 contracts
Samples: Loan Agreement (Teekay Tankers Ltd.), Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)
Interest Periods to meet Repayment. Dates If an Interest Period will would otherwise expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the relevant Repayment Instalment due which shall expire on that the next Repayment Date and that separate the Interest Period determined shall expire on that next Repayment Dateapply only to the balance of the Loan.
Appears in 4 contracts
Samples: Poseidon Containers Holdings Corp., Loan Agreement (Danaos Corp), Loan Agreement (DryShips Inc.)
Interest Periods to meet Repayment. Dates If an Interest Period will expire after the next Repayment DateDate in respect of the relevant Tranche, there shall be a separate Interest Period for a part of the Loan that Tranche equal to the Repayment Instalment due in respect of the relevant Tranche on that next Repayment Date of that Tranche and that separate Interest Period shall expire on that next Repayment Date.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.
Interest Periods to meet Repayment. Dates If an Interest Period will expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan Vessel Tranche equal to the Repayment Instalment due on that next Repayment Date and that separate Interest Period shall expire on that next Repayment Date.
Appears in 1 contract
Interest Periods to meet Repayment. Dates If an Interest Period will would otherwise expire after the next Repayment Date, there shall be a separate Interest Period for a part of the Loan equal to the relevant Repayment Instalment due which shall expire on that the next Repayment Date and that separate Interest the interest Period determined shall expire on that next Repayment Dateapply only to the balance of the Loan.
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
