Common use of Request for an Advance Clause in Contracts

Request for an Advance. Subject to the following conditions, the Borrowers may request an Advance to be made by delivering to the Agent a completed Drawdown Notice not later than 10:00 a.m. (New York City time) two (2) Business Days prior to the intended Drawdown Date.

Appears in 3 contracts

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

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Request for an Advance. Subject to the following conditions, the Borrowers may request an Advance to be made borrowed by delivering to ensuring that the Agent receives a completed Drawdown Notice not later than 10:00 11.00 a.m. (New York City time) two (2) 15 Business Days prior to the intended relevant Drawdown DateDate (or such shorter period as the Lenders may agree).

Appears in 2 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Agreement (Seanergy Maritime Holdings Corp.)

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