Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for the Loan in the Drawdown Notice. Subject to paragraph (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

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Selection of Interest Periods. (aA) The Borrowers Borrower may select the Interest Period for the a Loan in the Drawdown Notice. Subject to paragraph (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection NoticeNotice for such Loan.

Appears in 2 contracts

Samples: Agreement (PCCW LTD), Agreement (PCCW LTD)

Selection of Interest Periods. (a) The Borrowers Borrower may select the an Interest Period for the a Loan in the Drawdown Notice. Subject to paragraph (f) below and Clause 6.2 (Changes to Interest Periods)Notice for that Loan, the Borrowers may select each subsequent Interest Period or in respect of the Loan case a drawing has already been made, in a Selection Notice.

Appears in 2 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Selection of Interest Periods. (a) The Borrowers may select the an Interest Period for the a Loan in the Drawdown Notice. Subject to paragraph Notice or (fif a Loan has already been borrowed) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Selection of Interest Periods. (a) The Borrowers Borrower may select the an Interest Period for the Loan in the Drawdown Notice. Subject to paragraph (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the a Loan in a Selection Drawdown Notice.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

Selection of Interest Periods. (a) The Borrowers Borrower may select the an Interest Period for the a Loan in the a Drawdown Notice. Subject to paragraph Request or (fonce borrowed) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Facility Agreement (KNOT Offshore Partners LP)

Selection of Interest Periods. (a) The Borrowers may shall select the an Interest Period for the a Loan in the Drawdown Notice. Subject to paragraph Notice or (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of if the Loan has already been borrowed) in a Selection Notice.

Appears in 1 contract

Samples: Charter Agreement (Knightsbridge Shipping LTD)

Selection of Interest Periods. (aA) The Borrowers Borrower may select the an Interest Period for the a Loan in a Drawdown Notice or (if such Loan is the Drawdown Notice. Subject to paragraph (fFacility A Loan and has already been borrowed) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Agreement (PCCW LTD)

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Selection of Interest Periods. (a) The Borrowers may Borrower shall select the an Interest Period for the Loan an Advance in the Drawdown Notice. Subject to paragraph Notice or (fif the Advance has already been borrowed) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Bridge Loan Facility Agreement (SeaDrill LTD)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for the Loan in the Drawdown Notice. Subject to paragraph (f) below and Clause 6.2 (Changes to Interest Periods), the The Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Diana Shipping Inc.

Selection of Interest Periods. (a) The Borrowers may Borrower shall select the an Interest Period for the Loan each Tranche in the Drawdown Notice. Subject to paragraph Notice or (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of if the Loan has already been borrowed) in a Selection Notice.

Appears in 1 contract

Samples: Facility Agreement (Ship Finance International LTD)

Selection of Interest Periods. (aA) The Borrowers Borrower may select the an Interest Period for the a Loan in the Drawdown Notice. Subject to paragraph Notice or (f) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of if the Loan has already been borrowed) in a Selection Notice.

Appears in 1 contract

Samples: PCCW LTD

Selection of Interest Periods. (a) The Borrowers may select the an Interest Period for a Loan in a Drawdown Notice or (if the Loan in the Drawdown Notice. Subject to paragraph (fhas already been borrowed) below and Clause 6.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of the Loan in a Selection Notice.

Appears in 1 contract

Samples: Facility Agreement (Flex LNG Ltd.)

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