Common use of Notice of Prepayment Clause in Contracts

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 12 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Star Bulk Management Inc.), Loan Agreement (Star Bulk Carriers Corp.)

AutoNDA by SimpleDocs

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 7 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Mc Shipping Inc), Loan Agreement (Euronav NV)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan (without premium or penalty and without any applicable prepayment fee under Clause 8.9(c)) at the end of the interest period set by the Agent.

Appears in 6 contracts

Samples: Loan Agreement (Quartet Holdco Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement (GasLog Partners LP), Loan Agreement (Scorpio Bulkers Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 5 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 5 contracts

Samples: Loan Agreement (Navios Maritime Containers L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Containers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 5 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 5 contracts

Samples: Loan Agreement (Top Ships Inc.), Loan Agreement, Agreement (Dynagas LNG Partners LP)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' 30 days’ notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 4 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 4 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement, Agreement (Euronav NV)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 4 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Agreement (Star Bulk Carriers Corp.), Loan Agreement (EuroDry Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.126.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 3 contracts

Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Box Ships Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 3 contracts

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

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 3 contracts

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

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 five (5) Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 3 contracts

Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 14 Business Days' notice of their intention to prepay the Loan Loans or the Affected Lender’s Contribution (as the case may require) at the end of the interest period set by the Agent.

Appears in 3 contracts

Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Tranche or Tranches at the end of the interest period set by the Agent.

Appears in 3 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 7 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Product Shipping Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 5 Business Days' notice of their intention to prepay the Loan (without premium or penalty and without any applicable prepayment fee under Clause 8.9(c)) at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agentprepay.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Amending and Restating Agreement (Golar LNG Partners LP), Loan Agreement

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Facility Agent under Clause 5.12, the Borrowers Borrower may give the Facility Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Facility Agent.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan or, as the case may be, the relevant Contribution of the Affected Lender at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set notified by the Agent under Clause 5.125.4, the Borrowers Borrower may give the Agent not less than 15 ten (10) Business Days' notice of their its intention to prepay (without premium or penalty) the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Facility Agent under Clause 5.124.9, the Borrowers may give the Facility Agent not less than 15 five (5) Business Days' notice of their intention to prepay (without premium or penalty) the Loan Advance at the end of the interest period set by the Facility Agent.

Appears in 2 contracts

Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Euronav NV), Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers may give the Agent not less than 15 10 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.127.3, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan (without premium or penalty but subject to any amounts payable under Clause 8.9) at the end of the interest period Interest Period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (DryShips Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at or, as the end of case may be, the interest period set by the AgentAffected Lender’s Contribution.

Appears in 2 contracts

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

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan (without premium or penalty and without any applicable prepayment fee under Clause 8.9(c)) at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' days’ notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Facility Agent under Clause 5.125.10, the Borrowers Borrower may give the Facility Agent not less than 15 Business Days' notice of their its intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Facility Agent.

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay (without premium or penalty) the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

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

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.9, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan (without premium or penalty) at the end of the interest period Interest Period set by the Agent.

Appears in 2 contracts

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

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 7 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.. Prepayment; termination of Commitments A notice under Clause 5.13 shall be irrevocable; the Agent shall promptly notify the Lenders or (as the case may require) the Affected Lender of the Borrower’s notice of intended prepayment; and:

Appears in 2 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 3 Business Days' notice of their intention to prepay the Loan or (as the case may be) the Affected Lender’s Contribution, at the end of the interest period set by the Agent.

Appears in 2 contracts

Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Crude Carriers Corp.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay (without premium or penalty) the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 3 Business Days' notice of their its intention to prepay the Loan or (as the case may be) the Affected Lender’s Contribution, at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Paying Agent under Clause 5.126.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agentprepay.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (GasLog Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Facility Agent under Clause 5.125.11, the Borrowers may give the Facility Agent not less than 15 Business Days' notice of their intention to prepay the Loan relevant Advance, Tranche, Advances or Tranches at the end of the interest period set by the Facility Agent.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.124.9, the Borrowers Borrower may give the Agent not less than 15 five (5) Business Days' notice of their intention to prepay (without premium or penalty) the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the AgentAgent (in the case where a notice has been served under Clause 5.8 after an Advance has been made) or the Borrower may notify the Agent of their intention not to proceed with the relevant drawdown (in the case where a notice has been served under Clause 5.8 prior to making an Advance).

Appears in 1 contract

Samples: Execution Version (Navios Maritime Containers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.2 or Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agentprepay.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.126.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agentprepay.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agentprepay.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set notified by the Agent a Lender under Clause 5.125.7(a), the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan that Lender's Contribution at the end of the interest period set by the Agentperiod.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the AgentAgent (in the case where a notice has been served under Clause 5.8 after an Advance has been made) or the Borrowers may notify the Agent of their intention not to proceed with the relevant drawdown (in the case where a notice has been served under Clause 5.8 prior to making an Advance).

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set notified by the Agent under Clause 5.125.4, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan (without premium or penalty but subject to any applicable prepayment fee under Clause 8.10(c)) at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

AutoNDA by SimpleDocs

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set notified by the Agent under Clause 5.125.4, the Borrowers may give the Agent not less than 15 ten (10) Business Days' notice of their its intention to prepay (without premium or penalty) the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.7 (Cost of funds), the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan (without premium or penalty) at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Facility Agent under Clause 5.124.9, the Borrowers Borrower may give the Facility Agent not less than 15 Business Days' notice of their its intention to prepay (without premium or penalty) the Loan relevant Advance or Advances at the end of the interest period set by the Facility Agent.

Appears in 1 contract

Samples: Loan Agreement (Ultrapetrol Bahamas LTD)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Term Loan or the Revolving Credit Facility Loan, as the case may be (without premium or penalty and not subject to any applicable prepayment fee under Clause 8.10(c)) at the end of the interest period Interest Period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Eagle Bulk Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 10 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.126.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay (and, if applicable, procure the Loan at the end cancellation of the interest period set by the AgentOutstandings).

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.123.8 (Cost of funds), the Borrowers may give the Agent not less than 15 Business Banking Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Navios Maritime Partners L.P.

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.9, the Borrowers may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan (without premium or penalty) at the end of the interest period Interest Period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loans and/or the relevant Loan or the Contribution of the Affected Lender at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 five Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Global Ship Lease, Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.126.10 (6.10 Alternative rate of interest in absence of agreement), the Borrowers Borrower may give the Agent not less than 15 Business Days' ’, or, if the Fixed Interest Rate has been selected pursuant to Clause 3.5(a)(ii), 30 days, notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Prestige Cruises International, Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Notice of Prepayment. If It the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 5 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition CORP)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 fifteen (15) Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers may give the Agent not less than 15 10 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.12 (Alternative rate of interest in absence of agreement), the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan and/or the relevant Advance or the Contribution of the Affected Lender at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.126.10 (6.10 Alternative rate of interest in absence of agreement), the Borrowers Borrower may give the Agent not less than 15 Business Days' ', or, if the Fixed Interest Rate has been selected pursuant to Clause 3.5(a)(ii), 30 days, notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Cruises S. DE R.L.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.12 (Alternative rate of interest in absence of agreement), the Borrowers may give the Agent not less than 15 10 Business Days' notice of their its intention to prepay the Loan relevant Advance at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers may give the Agent not less than 15 30 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Dynagas LNG Partners LP

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.124.9, the Borrowers Borrower may give the Agent not less than 15 three Business Days' notice of their its intention to prepay the Loan Advance at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Top Ships Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan or, as the case may be, the relevant Contribution of the Affected Lender at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set notified by the Agent a Lender under Clause 5.125.10 (Alternative basis of interest or funding), the Borrowers Borrower may give the Agent not less than 15 Business Days' notice of their its intention to prepay the Loan that Lender's Contribution at the end of the interest period set by the Agentperiod.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers Borrower may give the Agent not less than 15 10 Business Days' * notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.10, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.11, the Borrowers may give the Agent not less than 15 Business Days' notice of their intention to prepay the Loan relevant Advance or Advances at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.12 (Alternative rate of interest in absence of agreement), the Borrowers may give the Agent not less than 15 five Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.125.7 (Cost of funds), the Borrowers Borrower may give the Agent not less than 15 five (5) Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 7 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Dynagas LNG Partners LP)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers may give the Agent not less than 15 five Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Notice of Prepayment. If the Borrowers do Borrower does not agree with an interest rate set by the Agent under Clause 5.12, the Borrowers Borrower may give the Agent not less than 15 5 Business Days' notice of their its intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Crude Carriers Corp.)

Notice of Prepayment. If the Borrowers do not agree with an interest rate set by the Agent under Clause 5.125.7 (Cost of funds), the Borrowers may give the Agent not less than 15 5 Business Days' notice of their intention to prepay the Loan at the end of the interest period set by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Time is Money Join Law Insider Premium to draft better contracts faster.