Use of websites. (a) Each Borrower acknowledges an agrees that ay information under this Agreement may be delivered to a Lender (through the Agent) on to an electronic website (a “Website Lender”) if: (i) the Agent and the Lender agree; (ii) the Agent appoints a website provider and designates an electronic website for this purpose (the “Designated Website”); (iii) the Designated Website is used for communication between the Agent and the Lenders; (iv) the Agent notifies the Lenders of the address for the website; (v) the information can only be posted on the website by the Agent; and (vi) the information posted is in a format agreed between each Borrower and the Agent. (b) The cost of the website shall be borne by each Borrower, subject to such cost being agreed by each Borrower beforehand. (c) Any Website ▇▇▇▇▇▇ may request from any Borrower, through the Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the Designated Website and each Borrower shall at its own cost comply with any such request within ten Business Days.
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Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)
Use of websites. (a) Each The Borrower acknowledges an and agrees that ay any information under this Agreement may be delivered to a Lender (through the Agent) on to onto an electronic website (a “Website Lender”) if:
(i) the Agent and the Lender Lenders so agree;
(ii) the Agent appoints a website provider with the approval of the Borrower and designates an electronic website for this purpose (the “Designated Website”);
(iii) the Designated Website is used for communication between the Agent and the Lenders;
(iv) the Agent notifies the Lenders of the address for the websiteDesignated Website;
(v) the that information can only be posted on the website Designated Website by the Agent; and
(vi) the information posted is in a format agreed between each the Borrower and the Agent.
(b) . The cost of the website shall be borne by each the Borrower, subject to such cost being agreed by each the Borrower beforehandin advance.
(cb) Any Website ▇▇▇▇▇▇ Lender may request from any the Borrower, through the Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the Designated Website and each Website. The Borrower shall at its their own cost comply with any such request within ten (10) Business Days.
Appears in 2 contracts
Sources: Facility Agreement, Facility Agreement (Danaos Corp)
Use of websites. (a) Each Borrower The Obligors’ Agent acknowledges an and agrees that ay any information under this Agreement may be delivered to a Lender Lenders (through the Agent) on to an electronic website (a “Website Lender”the Designated Website) if:
(ia) the Agent and those Lenders (the Lender Website Lenders) agree;
(iib) the Agent appoints a website provider and designates an electronic website the Designated Website for this purpose (the “Designated Website”)purpose;
(iiic) the Designated Website is used for communication between the Agent and the Website Lenders;
(ivd) the Agent notifies the Website Lenders of the address and password for the websiteDesignated Website;
(ve) the information can only be posted on the website Designated Website by the Agent; and
(vif) the information posted is in a format agreed between each Borrower the Obligors’ Agent and the Agent.
(b) . The cost of the website shall be borne by each Borrowerthe Obligors’ Agent, subject to such cost being agreed by each Borrower the Obligors’ Agent beforehand.
(c) . Any Website ▇▇▇▇▇▇ Lender may request from any Borrowerrequest, through the Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the Designated Website and each Borrower Website; The Obligors’ Agent shall at its own cost comply with any such request within ten Business Days.
Appears in 1 contract
Sources: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)
Use of websites. (a) Each Borrower acknowledges an agrees that ay information The Company may satisfy its obligation under this Agreement may be delivered to a Lender deliver any information in relation to those Lenders (through the Agent"Website Lenders") on to who accept this method of communication by posting this information onto an electronic website designated by the Company and the Facility Agent (a “Website Lender”the "Designated Website") if:
(i) the Facility Agent and expressly agrees (after consultation with each of the Lender agreeLenders) that it will accept communication of the information by this method;
(ii) both the Company and the Facility Agent appoints a website provider are aware of the address of and designates an electronic website any relevant password specifications for this purpose (the “Designated Website”);; and
(iii) the Designated Website is used for communication between the Agent and the Lenders;
(iv) the Agent notifies the Lenders of the address for the website;
(v) the information can only be posted on the website by the Agent; and
(vi) the information posted is in a format previously agreed between each Borrower the Company and the Facility Agent.
. If any Lender (ba "Paper Form Lender") The cost does not agree to the delivery of information electronically then the website Facility Agent shall be borne by notify the Company accordingly and the Company shall at its own cost, supply the information to the Facility Agent (in sufficient copies for each BorrowerPaper Form Lender) in paper form. In any event the Company shall at its own cost, subject to such cost being agreed by each Borrower beforehand.
(c) Any Website ▇▇▇▇▇▇ may request from any Borrower, through supply the Agent, Facility Agent with at least one copy in paper copy form of any information required to be provided under this Agreement which is posted onto by it.
(b) The Facility Agent shall supply each Website Lender with the address of and any relevant password specifications for the Designated Website following designation of that website by the Company and each Borrower shall at its own cost comply with any such request within ten Business Daysthe Facility Agent.
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