Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of the duration of each Interest Period, as soon as reasonably practicable after each is determined.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower Borrowers and each Lender of: each rate of interest; and the duration of each Interest Period, as soon as reasonably practicable after each is determined.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Notification of Interest Periods and rates of normal interest. The Agent shall notify the Borrower and each Lender of the duration each rate of each Interest Period, interest as soon as reasonably practicable after each is determined.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)