Common use of Selection of Interest Periods Clause in Contracts

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche in the Utilisation Request for that Tranche. Subject to paragraph (f) below, the Borrowers may select each subsequent Interest Period in respect of each Tranche in a Selection Notice.

Appears in 5 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

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Selection of Interest Periods. (a) The Borrowers may select the an Interest Period for each a Tranche in the Utilisation Request for that Tranche. Subject to paragraph Tranche or (fif the Loan has already been borrowed) below, the Borrowers may select each subsequent Interest Period in respect of each Tranche in a Selection Notice.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche Sub-Loan in the Utilisation Request for that Tranche. Subject to paragraph (fh) belowbelow and Clause 8.1(b), the Borrowers may select each subsequent Interest Period in respect of each Tranche the Sub-Loan in a Selection Notice.

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each a Tranche in the Utilisation Request for that Tranche. Subject to paragraph paragraphs (f) and (h) below, the Borrowers may select each subsequent Interest Period in respect of each that Tranche in a Selection Notice.

Appears in 2 contracts

Samples: Assignment Agreement (Dorian LPG Ltd.), Assignment Agreement (Dorian LPG Ltd.)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche in the Utilisation Request for that Tranche. Subject to paragraph (f) below, the Borrowers may select each subsequent Interest Period in respect of each Tranche the Loan in a Selection Notice.

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Selection of Interest Periods. (a) The Borrowers Borrower may select the first Interest Period for each Tranche an Advance in the Utilisation Request for that TrancheRequest. Subject to paragraph (f) below, the Borrowers The Borrower may select each subsequent Interest Period in respect of each Tranche in a Selection Notice.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche the Loan in the Utilisation Request for that Tranchethe first Advance. Subject to paragraph paragraphs (f) and (h) below, the Borrowers may select each subsequent Interest Period in respect of each Tranche the Loan in a Selection Notice.

Appears in 1 contract

Samples: Assignment Agreement (Star Bulk Carriers Corp.)

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Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche in the Utilisation Request Drawdown Notice for the first Advance in that TrancheTranche . Subject to paragraph (f) below, the The Borrowers may select each subsequent Interest Period in respect of each a Tranche in a Selection Notice.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each a Tranche in the relevant Utilisation Request for that TrancheRequest. Subject to paragraph (f) belowbelow and Clause 9.2 (Changes to Interest Periods), the Borrowers may select each subsequent Interest Period in respect of each Tranche the Loan in a Selection Notice.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Selection of Interest Periods. (a) The Borrowers may select the Interest Period for each Tranche the Loan in the Utilisation Request for that TrancheRequest. Subject to paragraph (f) below, the Borrowers may select each subsequent Interest Period in respect of each Tranche the Loan in a Selection Notice.

Appears in 1 contract

Samples: Assignment Agreement (Ardmore Shipping Corp)

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