Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche in respect of each Interest Period relative to that Tranche shall be paid by the Borrowers on the last day of that Interest Period.
Appears in 5 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Pyxis Tankers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche in respect of each Interest Period relative to that Tranche shall be paid by the Borrowers on the last day of that Interest Period.
Appears in 5 contracts
Samples: Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche in respect of each Interest Period relative applicable to that Tranche it shall be paid by the Borrowers on the last day of that Interest Period.
Appears in 3 contracts
Samples: Agreement (Diana Shipping Inc.), Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche A or, in the case of Tranche B, an Advance under that Tranche in respect of each Interest Period relative applicable to that Tranche it shall be paid by the Borrowers on the last day of that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Tranche in respect of each Interest Period relative to in respect of that Tranche shall be paid by the Borrowers on the last day of that Interest Period.
Appears in 2 contracts
Samples: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)
Payment of normal interest. Subject to the provisions of this Agreement, interest on each Advance of a Tranche or any part thereof in respect of each Interest Period relative to that Tranche shall be paid by the Borrowers Borrower on the last day of that Interest Period.
Appears in 1 contract
Samples: Loan Agreement (Oceanfreight Inc.)
