Common use of Repayment Dates Clause in Contracts

Repayment Dates. The first repayment instalment for each Advance shall be repaid on the date falling 6 months after the Drawdown Date relative to that Advance, each subsequent repayment instalment shall be repaid at 6-monthly intervals thereafter and the last instalment together with the relevant Balloon Instalment shall be repaid on the date falling on the tenth anniversary of the Drawdown Date relative to that Advance.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

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Repayment Dates. The first repayment instalment for each Advance shall be repaid on the date falling 6 3 months after the Drawdown Date relative to that Advance, each subsequent repayment instalment shall be repaid at 63-monthly intervals thereafter and the last instalment shall be repaid, together with the relevant Balloon Instalment shall be repaid relative to that Advance, on the date falling on the tenth eighth anniversary of the Drawdown Date relative to that for the Advance.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Repayment Dates. The first repayment instalment for in respect of each Advance shall be repaid on the date falling 6 3 months after the Drawdown Date relative to of that Advance, each subsequent repayment instalment shall be repaid at 6-monthly intervals thereafter Advance and the 40th and last instalment together with the relevant Balloon Instalment shall be repaid paid on the date falling on the earlier of (i) the tenth anniversary of the such Drawdown Date relative to that Advanceand (ii) 31 August 2020.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Repayment Dates. The first repayment instalment for Instalment in respect of each Advance shall be repaid on the date falling 6 months after the Drawdown Date relative to that Advance, of the Advance and each subsequent repayment instalment Instalment shall be repaid at 6-monthly intervals thereafter and the last instalment together with the relevant Balloon Instalment shall be repaid on the date falling on the tenth anniversary Final Maturity Date in respect of the Drawdown Date relative to that AdvanceAdvance together with the Balloon Instalment.

Appears in 1 contract

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

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Repayment Dates. The first repayment instalment for Instalment in respect of each Advance shall be repaid on the date falling 6 three months after the Drawdown Date relative to in respect of that Advance, each subsequent repayment instalment Instalment shall be repaid at 6three-monthly intervals thereafter and the last instalment together with Instalment in respect of that Advance, shall be repaid, latest on the relevant Balloon Instalment shall be repaid on the date falling on the tenth anniversary of the Drawdown Date relative to that AdvanceFinal Repayment Date.

Appears in 1 contract

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

Repayment Dates. The first repayment instalment for Instalment in respect of each Advance shall be repaid on the date first Repayment Date falling 6 months after the Drawdown Date relative to in respect of that Advance, each subsequent repayment instalment Instalment shall be repaid at 6three-monthly intervals thereafter and the last instalment Instalment in respect of that Advance, shall be repaid together with the relevant Balloon Instalment shall be repaid in respect of that Advance, on the date falling on the tenth anniversary of the Drawdown Date relative to that AdvanceFinal Repayment Date.

Appears in 1 contract

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

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