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Common use of Application of prepayment Clause in Contracts

Application of prepayment. Clause 7 shall apply in relation to the prepayment.

Appears in 55 contracts

Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement

Application of prepayment. The provisions of Clause 7 shall apply in relation to the prepayment.

Appears in 50 contracts

Sources: Loan Agreement (EuroDry Ltd.), Loan Agreement (Diana Shipping Inc.), Loan Agreement

Related Clauses

  • Application of Prepayments
  • Application of Prepayments Reductions
  • Notice of Prepayments
  • Effect of Prepayments
  • Application of Certain Mandatory Prepayments

Parent Clauses

  • Interest
  • Increased costs
  • Security Cover
  • Collateral Maintenance Ratio
  • Interpretation

Sub-Clauses

  • Existing rights unaffected
  • Application of credit balances
  • No Security Interest
  • Sums deemed due to a Lender
  • No transfer without Transfer Certificate
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