Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 58 contracts
Samples: Agreement (Star Bulk Carriers Corp.), Loan Agreement (TBS International LTD), Loan Agreement (Box Ships Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 25 contracts
Samples: Agreement (TBS International LTD), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Diana Containerships Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Advance in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 12 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan an Advance in respect of each Interest Period applicable to it shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 12 contracts
Samples: Loan Agreement, Loan Agreement (TBS International PLC), Agreement (Dynagas LNG Partners LP)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance and the Loan and each part thereof in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 11 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Advance in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 11 contracts
Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (B Plus H Ocean Carriers LTD)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan and each part thereof in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 8 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.), Agreement (Star Bulk Carriers Corp.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Tranche in respect of each Interest Period applicable to it shall be paid by the Borrower on the last day of that Interest Period.
Appears in 6 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (GasLog Ltd.), Loan Agreement (Euroseas Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period applicable to it shall be paid by the Borrower on the last day of that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period applicable thereto shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Agreement (Diana Shipping Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Tranche in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 5 contracts
Samples: Agreement (DryShips Inc.), Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche or the Loan in respect of each Interest Period applicable thereto shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 4 contracts
Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan Loan, in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 3 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.), Agreement (NewLead Holdings Ltd.)
Payment of normal interest. Subject to Clause 5.3 and the other provisions of this Agreement, interest on the Loan each Advance in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan or any part thereof in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period, unless the Borrowers shall have selected a 6 or 12 month Interest Period, in which case interest on the Loan or any part thereof shall also be payable quarterly in arrears.
Appears in 2 contracts
Samples: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)
Payment of normal interest. Subject to Clause 5.3 and the other provisions of this Agreement, interest on each Tranche or the Loan in respect of each Interest Period applicable thereto shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Global Ship Lease, Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that the Interest Period.
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Tranche in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan each Advance of a Tranche in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each the Interest Period shall be paid by the Borrower on the last day of that the Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that each Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each an Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on an Advance or, as the case may be, the Loan in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to the provisions of this Agreement, interest on the each Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan and Guarantee Facility Agreement (DryShips Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance of the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan or any part of the Loan in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.. 44 β SK 26945 0003 10902825 v6 β
Appears in 1 contract
Samples: Loan Agreement (Dorian LPG Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance, each Tranche or the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan (or any part thereof) in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance or (following the consolidation of the Tranches pursuant to Clause 4.9) the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Payment of normal interest. Subject to the provisions of this Agreement, interest on the Loan or any part of the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche, or as the case may be, the Loan in respect of each Interest Period shall be paid by the Borrower Borrowers on the last day of that Interest Period.
Appears in 1 contract
Payment of normal interest. Subject to theClause 5.1(b) below and to the other provisions of this Agreement, interest on the Loan in respect of each Interest Period shall be paid by the Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Seacastle Inc.)
