Common use of Break Costs Clause in Contracts

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 7 contracts

Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Credit Facility Agreement

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Break Costs. The Each Borrower shall, within three (3) Business Days of demand by a Finance PartyParty (which demand shall be accompanied by a certificate showing, in reasonable detail, the calculation of the Break Costs incurred by such Finance Party in respect of the relevant Interest Period), pay to that Finance Party its Break Cost Costs attributable to all or any part of the a Loan or Unpaid Sum being paid by the that Borrower on a day other than the last day of an Interest Period for the that Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 7 contracts

Samples: Agreement (Kronos Worldwide Inc), Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower Borrowers on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 3 contracts

Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (DHT Holdings, Inc.), Diana Containerships Inc.

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrueaccrue in reasonable detail.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan a Tranche or Unpaid Sum being paid by the Borrower Borrowers on a day other than the last day of an Interest Period for the Loan that Tranche or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 3 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the a Loan or Unpaid Sum being paid by the Borrower on a day other than the last an agreed day of an Interest Period for the such Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrueCost.

Appears in 3 contracts

Samples: Second Amendment and Restatement Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.

Break Costs. The Each Borrower shall, within three (3) Business Days of demand by a Finance PartyParty (which demand shall be accompanied by a certificate showing, in reasonable de­tail, the calculation of the Break Costs incurred by such Finance Party in respect of the relevant Interest Period), pay to that Finance Party its Break Cost attributable Costs attrib­utable to all or any part of the a Loan or Unpaid Sum being paid by the that Borrower on a day other than the last day of an Interest Period for the that Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.. FEES

Appears in 2 contracts

Samples: Credit Facilities Agreement, Credit Facilities Agreement (Seadrill Partners LLC)

Break Costs. (a) The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the a Loan or Unpaid Sum being paid by the Borrower Borrowers on a day other than the last day of an Interest Period for the that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Facility Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Agreement (Flex LNG Ltd.), Agreement (Flex LNG Ltd.)

Break Costs. The Borrower shall, within three (3) ten Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Loan Agreement, Facility Agreement (HC2 Holdings, Inc.)

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the a Loan or an Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan such Loans or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Seawell LTD)

Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan a Drawing or Unpaid Sum being paid by the Borrower Borrowers on a day other than the last day of an Interest Period for the Loan that Drawing or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)

Break Costs. The Borrower shall, within three (3) 3 Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan a Tranche or Unpaid Sumrelevant part of it. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Loan Agreement (Costamare Partners LP)

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Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs (if any) attributable to all or any part of the a Forward Rate Loan or Unpaid Sum Compounded Rate Loan, as applicable, being paid by the Borrower Borrowers on a day other than prior to the last day of an Interest Period for the that Forward Rate Loan or Unpaid Sum. Each Lender shallCompounded Rate loan, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrueapplicable.

Appears in 1 contract

Samples: Castor Maritime Inc.

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the a Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period a Repayment Date for the such Loan or Unpaid Sum. Sum Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

Break Costs. 11.9 The Borrower Company shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the a Loan or Unpaid Sum being paid by the Borrower Company or another Group Company on a day other than the last day of an Interest Period for the that Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the Loan a Drawing or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan that Drawing or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost Costs for any Interest Period in which they accrueaccrue in reasonable detail.

Appears in 1 contract

Samples: Safe Bulkers, Inc.

Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the a Loan or Unpaid Sum being paid by any of the Borrower Borrowers on a day other than the last day of an Interest Period for the a Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

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

Break Costs. 12.4.9 The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost Costs attributable to all or any part of the a Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the that Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the Loan Loan, any Tranche or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for the Loan or Tranche (as the case may be) or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

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

Break Costs. The Borrower shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the Loan a Tranche or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period a Repayment Date for the Loan such Tranche or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.

Appears in 1 contract

Samples: General Geophysics Co

Break Costs. The Borrower Borrowers shall, within three (3) Business Days of demand by a Finance Party, pay to that Finance Party its Break Cost attributable to all or any part of the a Loan or Unpaid Sum being paid by any of the Borrower Borrowers on a day other than the last day of an Interest Period for the a Loan or Unpaid Sum. Each Lender shall, as soon as reasonably practicable after a demand by the Agent, provide a certificate confirming the amount of its Break Cost for any Interest Period in which they accrue.. 11 FEES

Appears in 1 contract

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

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