Minimum Value. The Custodian reserves the right to establish IRA account minimums. The Custodian may resign or charge additional fees if the minimums are not met. Other Providers. At its discretion, the Custodian may appoint other service providers to fulfill certain obligations, including reporting responsibilities, and may compensate such service providers accordingly.
Minimum Value. The Custodian reserves the right to establish Xxxx XXX account minimums. The Custodian may resign or charge additional fees if the minimums are not met. Other Providers. At its discretion, the Custodian may appoint other service providers to fulfill certain obligations, including reporting responsibilities, and may compensate such service providers accordingly.
Minimum Value. All of the parties to this Agreement recognize that one of the conditions to the Stockholders consummating the transactions contemplated herein is that the IPO shall be closed and the Stockholders and Other Stockholders (as a group) shall be entitled to receive consideration not less than the Minimum Value set forth on Annex I attached hereto.
Minimum Value. (a) The Borrowers shall ensure that the aggregate Market Value of the Vessels (plus any additional security previously provided by the Borrowers under paragraph (b) below) is at all times:
Minimum Value. The Custodian reserves the right to establish Xxxxxxxxx ESA account minimums. The Custodian may resign or charge additional fees if the minimums are not met. Other Providers. At its discretion, the Custodian may appoint other service providers to fulfill certain obligations, including reporting responsibilities, and may compensate such service providers accordingly.
Minimum Value. The Borrowers shall ensure that the Market Value of the Vessels be at least one hundred and twenty per cent (120.00%) of the Loans at any time from the earlier of (i) the expiry of the Charterparty for MV “Xxxxx X. Xxxxx” and (ii) 30 September 2008.
Minimum Value. The Borrowers shall ensure that the Market Value of the Ships be at least the higher of:
Minimum Value. The Market Value of the Ships pursuant to the attached survey is [•]. The Borrowers shall ensure that the Market Value of the Ships shall be at least the higher of:
Minimum Value. The Market Value of the Vessel pursuant to the attached valuation reports is USD [●]. The Market Value of the Vessel shall not at any time be less than one hundred and thirty per cent (130%) of the Loan. The requirement set out in Clause 23.3 (Minimum Market Value) is thus [not] satisfied. We confirm that, as of the date hereof no event or circumstances has occurred and is continuing which constitute or may constitute and Event of Default. Yours sincerely for and on behalf of DHT Eagle, Inc. By: Name: Title: SCHEDULE 6 FORM OF TRANSFER CERTIFICATE To: DnB NOR Bank ASA, as Agent From: [●] (the “Existing Lender” and [●] (the “New Lender”) Date: [●] DHT EAGLE, INC. - USD 33,500,000 TERM LOAN FACILITY AGREEMENT DATED 24 MAY 2011 (THE “AGREEMENT”) 1 We refer to the Agreement. This is a Transfer Certificate. Terms defined in the Agreement have the same meaning in this Transfer Certificate unless given a different meaning in this Transfer Certificate.
Minimum Value. If at any time the aggregate of the Ship's Value of the Vessels shall fall below 140 % of the Loan, the Borrower shall either (i) prepay the amount of the Loan necessary to restore such ratio or (ii) provide additional security for the Loan which in the reasonable opinion of all Lenders is deemed satisfactory for restoring such ratio.
