Common use of Voluntary prepayment of Loan Clause in Contracts

Voluntary prepayment of Loan. The Borrowers may, if they give the Facility Agent no less than five RFR Banking Days (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of $1,000,000 or an integral multiple of that amount or such lesser amount as may be acceptable to the Majority Lenders).

Appears in 4 contracts

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

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Voluntary prepayment of Loan. The Borrowers Borrower may, if they give it gives the Facility Agent no not less than five RFR Banking Days 14 days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of $1,000,000 or an integral a multiple of that amount or such lesser amount as may be acceptable to the Majority Lendersamount).

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Voluntary prepayment of Loan. (a) The Borrowers may, if they give the Facility Agent no less than five RFR Banking Days (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of $1,000,000 or an integral multiple of that amount or such lesser amount as may be acceptable to the Majority Lenders).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Voluntary prepayment of Loan. The Borrowers may, if they give the Facility Agent no less than five RFR Banking Days Business Days’ (or such shorter period as the Majority Lenders may agree) prior notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of $1,000,000 or an integral multiple of that amount amount) or such lesser amount as may be acceptable to the Majority Lenders).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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Voluntary prepayment of Loan. The Borrowers may, if they give gives the Facility Agent no not less than five RFR Banking Days Days’ (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior notice, prepay the whole or any part of the Loan (but, if in part, being an amount that reduces the amount of the Loan by a minimum amount of $1,000,000 per Tranche outstanding or an integral multiple of that amount or such lesser amount as may be acceptable to the Majority Lendersamount).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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