Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 40 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Execution Version (Navios Maritime Containers Inc.)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 29 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Containers Inc.)
Payment of increased costs. The Borrower shall pay to the Agent, on at the Agent’s end of any Interest Period during which the Agent makes demand, for the account of the Notifying Lender Lender, the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 21 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Agreement (Star Bulk Carriers Corp.)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 20 contracts
Samples: Agreement (Diana Shipping Inc.), Loan Agreement (Euroseas Ltd.), Agreement (Scorpio Bulkers Inc.)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 11 contracts
Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 9 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Scorpio Tankers Inc.)
Payment of increased costs. The Borrower shall pay to the Facility Agent, on the Facility Agent’s demand, for the account of the Notifying Lender the amounts which the Facility Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Capital Product Partners L.P.), Loan Agreement
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 3 contracts
Samples: Loan Agreement, Credit Agreement (Scorpio Bulkers Inc.), Loan Agreement (Capital Product Partners L.P.)
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 3 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Paragon Shipping Inc.)
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased costcost provided that, if the increased cost is as a result of any of the events or circumstances described in Clause 25.1(c) the Borrower has received evidence of the amount of such compensation.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased costcost (provided that such demand is accompanied by a certificate from the Notifying Lender confirming the amount of its increased cost and including a calculation thereof).
Appears in 2 contracts
Samples: Loan Agreement (TBS International PLC), Loan Agreement (TBS International LTD)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 2 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Star Bulk Management Inc.)
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased costcost (subject to providing the Borrowers with supporting documentation unless the Notifying Lender is prohibited from disclosing such documentation).
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Payment of increased costs. 24.4 The Borrower Borrowers shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
Payment of increased costs. The Borrower undertakes that it shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)
Payment of increased costs. The Borrower shall pay to the Paying Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Lxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Payment of increased costs. The Borrower shall pay to the Agent, on at the Agent’s end of any Interest Period during which the Agent makes demand, for the account of the Notifying Lender Lender, the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender Xxxxxx has specified to be necessary to compensate the Notifying Lender for the increased costcost (provided that such demand is accompanied by a certificate from the Notifying Lender confirming the amount of its increased cost and including a calculation thereof).
Appears in 1 contract
Payment of increased costs. The Borrower Obligors shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender Bank the amounts which the Agent from time to time notifies the Borrower Obligors that the Notifying Lender Bank has specified to be necessary to compensate the Notifying Lender Bank for the increased cost.
Appears in 1 contract
Samples: Agreement (Euronav NV)
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased costcost (subject to providing the Borrower with supporting documentation unless the Notifying Lender is prohibited from disclosing such documentation).
Appears in 1 contract
Payment of increased costs. The Borrower shall pay to the Agent, on the Agent’s demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower that the Notifying Lender Lxxxxx has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
Payment of increased costs. The Borrower Borrowers shall pay to the Agent, on after the Agent’s 's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrower Borrowers that the Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
Appears in 1 contract
