The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD52,000,000 in two equal Tranches of up to USD26,000,000 each in up to five Advances.
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Samples: Facility Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Acquisition CORP)
The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD52,000,000 USD 75,000,000 in two equal Tranches of up to USD26,000,000 USD37,500,000 each in up to five three Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD52,000,000 in two equal Tranches of up to USD26,000,000 each USD40,000,000 in up to five three Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD52,000,000 in two equal Tranches of up to USD26,000,000 each USD23,000,000 in up to five four Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers Borrower on the terms of this Agreement the principal sum of up to USD52,000,000 in two equal Tranches of up to USD26,000,000 each USD23,000,000 in up to five three Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD52,000,000 USD 154,000,000 in two equal Tranches of up to USD26,000,000 USD77,000,000 each in up to five six Advances.
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The Commitment. In reliance upon each of the representations and warranties in clause 7, the Bank agrees to pay to the Builder by way of loan to the Borrowers on the terms of this Agreement the principal sum of up to USD52,000,000 USD52,200,000 in two equal Tranches of up to USD26,000,000 USD26,100,000 each in up to five Advances.
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