Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrower shall ensure that those conditions are satisfied within 5 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 6 contracts
Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Euroseas Ltd.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 9.1 are satisfied, the Borrower shall ensure that those conditions are satisfied within 5 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 3 contracts
Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Tsakos Energy Navigation LTD)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrower Borrowers shall ensure that those conditions are satisfied within 5 10 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 9.1 are satisfied, the Borrower shall ensure that those conditions are satisfied within 5 Business Days days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan an Advance to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrower Borrowers shall ensure that those conditions are satisfied within 5 Business Days after the relevant Drawdown Date (or such longer period as the Lender may specify).
Appears in 2 contracts
Samples: Loan Agreement (Quintana Shipping Ltd.), StealthGas Inc.
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrower shall ensure that those conditions are satisfied within 5 7 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 are satisfied, the Borrower Borrowers shall ensure that those conditions are satisfied within 5 Business Days after the Drawdown Date (or such longer period as the Lender may specify).
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
Waivers of conditions precedent. If the Lender, at its discretion, permits the Loan to be borrowed before certain of the conditions referred to in Clause 8.1 9.1 are satisfied, the Borrower shall ensure that those conditions are satisfied within 5 Business Days 14 days after the Drawdown Date (or such longer period as the Lender may in its sole and absolute discretion, specify).
Appears in 1 contract
