Common use of Lenders’ participation Clause in Contracts

Lenders’ participation. 5.3.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche available by the relevant Drawdown Date through its Facility Office.

Appears in 5 contracts

Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

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Lenders’ participation. 5.3.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche Drawing available by the relevant Drawdown Date through its Facility Office.

Appears in 4 contracts

Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)

Lenders’ participation. 5.3.1 (a) Subject to Clauses 2 (The Loan), 3 (PurposePurposes) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche Drawing available by the relevant Drawdown Date through its Facility Office.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Lenders’ participation. 5.3.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche the Loan available by the relevant Drawdown Date through its Facility Office.

Appears in 2 contracts

Samples: Facility Agreement (HC2 Holdings, Inc.), Scorpio Bulkers Inc.

Lenders’ participation. 5.3.1 5.4.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche Utilisation available by the relevant Drawdown Utilisation Date through its Facility Office.

Appears in 1 contract

Samples: Performance Shipping Inc.

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Lenders’ participation. 5.3.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any a Tranche available by the relevant Drawdown Date through its Facility Office.

Appears in 1 contract

Samples: Loan Agreement (DHT Holdings, Inc.)

Lenders’ participation. 5.3.1 5.3.3 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche the Loan available by the relevant Drawdown Date through its Facility Office.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Bulkers Inc.)

Lenders’ participation. 5.3.1 Subject to Clauses 2 (The Loan), 3 (Purpose) and 4 (Conditions of Utilisation), each Lender shall make its participation in any Tranche each Drawing available by the relevant Drawdown Date through its Facility Office.

Appears in 1 contract

Samples: Safe Bulkers, Inc.

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