Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower that the Security Cover Ratio is below 125 per cent.
Appears in 5 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.), Agreement (Capital Product Partners L.P.)
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 per cent.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Containers L.P.), Agreement (Navios Maritime Containers Inc.)
Minimum required security cover. Clause 15.2 (Provision of additional security; prepayment) applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 per cent.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Minimum required security cover. Clause 15.2 (Prepayment; provision of additional security) applies if the Agent notifies the Borrower that the Security Cover Ratio is below 125 per cent.
Appears in 2 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.)
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower that the Security Cover Ratio is below 125 120 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Agent (acting on the instructions of the Lenders) notifies the Borrower Borrowers that the Security Cover Ratio is below 125 120 per cent...
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower that the Security Cover Ratio is below 125 135 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 (Prepayment; provision of additional security) applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 130 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 120 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Facility Agent notifies the Borrower Borrowers that the either Security Cover Ratio is below 125 120 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 130 per cent.
Appears in 1 contract
Minimum required security cover. Clause 15.2 applies if the Agent notifies the Borrower Borrowers that the Security Cover Ratio is below 125 140 per cent.
Appears in 1 contract
