Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 or any larger sum which is a whole multiple of USD1,000,000) at any time without premium or penalty.
Appears in 5 contracts
Sources: Secured Loan Agreement (Navios Maritime Holdings Inc.), Secured Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 USD500,000 or any larger sum which is a whole multiple of USD1,000,000USD500,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 5 contracts
Sources: Facility Agreement, Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 or any larger sum which is a whole multiple of USD1,000,000) at any time without premium or penaltytime.
Appears in 3 contracts
Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp), Loan Agreement (Navios Maritime Acquisition CORP)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 or any larger sum which is a whole multiple of USD1,000,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 3 contracts
Sources: Facility Agreement, Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 USD500,000 or any larger sum which is a whole multiple of USD1,000,000USD500,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 3 contracts
Sources: Loan Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 Five hundred thousand Dollars ($500,000) or any larger sum which is a whole an integral multiple of USD1,000,000Five hundred thousand Dollars ($500,000)) at on any time Interest Payment Date relating to the part of the Loan to be prepaid without premium or penaltypenalty subject to payment by the Borrowers of all sums payable under clause 4.4.
Appears in 2 contracts
Sources: Supplemental Agreement, Supplemental Agreement (Gala Properties Inc.)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (such part being USD1,000,000 in an amount of Five million Dollars ($5,000,000) or any larger sum which is a whole an integral multiple of USD1,000,000) at Five million Dollars ($5,000,000)), on any time Interest Payment Date relating to the part of the Loan to be prepaid without premium or penaltypenalty subject always to their obligations under clause 4.4.
Appears in 2 contracts
Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Second Supplemental Agreement (Seanergy Maritime Holdings Corp.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 Two hundred thousand Dollars ($200,000) or any larger sum which is a whole an integral multiple of USD1,000,000Two hundred thousand Dollars ($200,000)) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 2 contracts
Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (such part being USD1,000,000 in an amount of Five hundred thousand Dollars ($500,000) or any larger sum which is a whole an integral multiple of USD1,000,000) at Five hundred thousand Dollars ($500,000)), on any time Interest Payment Date to be prepaid without premium or penaltypenalty subject always to their obligations under clause 4.5.
Appears in 2 contracts
Sources: Junior Loan Agreement (FreeSeas Inc.), Senior Loan Agreement (FreeSeas Inc.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 Five hundred thousand Dollars ($500,000) or any larger sum which is a whole an integral multiple of USD1,000,000Five hundred thousand Dollars ($500,000)) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 $1,000,000 or any larger sum which is a whole an integral multiple of USD1,000,000$1,000,000 or the balance of the Loan) at on any time Interest Payment Date without premium or penalty. Upon any notice of such prepayment being given, the Commitment shall be reduced by an amount equal to the amount of such prepayment.
Appears in 1 contract
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 one million Dollars ($1,000,000) or any larger sum which is a whole an integral multiple of USD1,000,000one million Dollars ($1,000,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Sources: Loan Agreement (Mc Shipping Inc)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 or any larger sum which is a whole multiple of USD1,000,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 five million Dollars ($5,000,000) or any larger sum which is a whole an integral multiple of USD1,000,000five million Dollars ($5,000,000) at or any time lesser sum approved by the Banks) on any Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Sources: Facilities Agreement (Aries Maritime Transport LTD)
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 One million Dollars or any larger sum which is a whole an integral multiple of USD1,000,000) at One million Dollars), on any time Interest Payment Date relating to the part of the Loan to be prepaid without premium or penalty.
Appears in 1 contract
Sources: Loan Agreement (DryShips Inc.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 Two million Dollars ($2,000,000) or any larger sum which is a whole an integral multiple of USD1,000,000Two million Dollars ($2,000,000)) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Sources: Loan Agreement (DryShips Inc.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 one million Dollars ($1,000,000) or any larger sum which is a whole an integral multiple of USD1,000,000one million Dollars ($1,000,000) at or any time lesser sum approved by the Banks) on any Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract
Sources: Facilities Agreement (Omega Navigation Enterprises, Inc.)
Voluntary Prepayment. The Borrower may prepay the Loan in whole or in part (being USD1,000,000 USD500,000 or any larger sum which is a whole multiple of USD1,000,000USD500,000) at any time without premium or penalty.
Appears in 1 contract
Voluntary Prepayment. The Borrower Borrowers may prepay the Loan in whole or in part (being USD1,000,000 USD2,000,000 or any larger sum which is a whole multiple of USD1,000,000USD2,000,000) at on any time Interest Payment Date relating to the part of the Loan to be repaid without premium or penalty.
Appears in 1 contract