Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 7 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Navios Maritime Acquisition CORP)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that such Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 6 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Box Ships Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of relating to that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 3 contracts
Samples: Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche A or, as the case may be, an Advance under Tranche B shall commence on the Drawdown Date applicable to that Tranche or, as the case may be, Advance and each subsequent Interest Period in respect of that Tranche and each subsequent Interest Period or, as the case may be, Advance shall commence on the expiry of the preceding Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Commencement of Interest Periods. The first Interest Period applicable to a the Tranche shall commence on the Drawdown Date in respect of that such the Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche and each subsequent Interest Period applicable to a Tranche shall commence on the expiry of the preceding Interest PeriodPeriod applicable to it.
Appears in 2 contracts
Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of for that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche relative thereto and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche A or, in the case of Tranche B, the relevant Advance thereof shall commence on the Drawdown Date in respect of that Tranche or, as the case may be, that Advance and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the its Drawdown Date in respect of that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Agreement (Diana Shipping Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a the Tranche shall commence on the Drawdown Date in respect of that the Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Commencement of Interest Periods. The first Interest Period applicable to an Advance of a Tranche shall commence on the Drawdown Date in respect of that Tranche such Advance and each subsequent Interest Period for such Tranche shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche thereof and each subsequent Interest Period shall commence on the expiry of the preceding Interest PeriodPeriod in respect thereof.
Appears in 1 contract
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.,
Appears in 1 contract
Commencement of Interest Periods. The first Interest Period applicable to a Tranche shall commence on the Drawdown Date in respect of relative to that Tranche and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Pyxis Tankers Inc.)
Commencement of Interest Periods. The first Interest Period applicable to a Tranche A or, in the case of Tranche B, the relevant Advance thereof shall commence on the Drawdown Date in respect of that Tranche or, as the case may be, that Advance and each subsequent Interest Period shall commence on the expiry of the preceding Interest Period.
Appears in 1 contract
Samples: Agreement (DryShips Inc.)
