Delivery of the Utilisation Request. (a) The Borrower may utilise the Facility by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time. (b) The Borrower may not deliver more than one Utilisation Request in respect of the Loan to be advanced.
Appears in 2 contracts
Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.)
Delivery of the Utilisation Request. (a) The Borrower Borrowers may utilise the Facility by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower Borrowers may not deliver more than one two Utilisation Request in respect of the Loan to be advancedRequests.
Appears in 1 contract
Sources: Term Loan Facility Agreement (Castor Maritime Inc.)
Delivery of the Utilisation Request. (a) The Borrower may utilise the Facility Facilities by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower may not deliver more than one Utilisation Request in respect of the Loan to Facilities. All three Facilities must be advancedutilised on the Utilisation Date.
Appears in 1 contract
Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)
Delivery of the Utilisation Request. (a) The Borrower may utilise the Facility by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower may not deliver more than one Utilisation Request in respect of the Loan to be advancedRequest.
Appears in 1 contract
Sources: Term Loan Facility (DryShips Inc.)
Delivery of the Utilisation Request. (a) The Borrower Borrowers may utilise the Facility by delivery to the Facility Agent Lender of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower Borrowers may not deliver more than one Utilisation Request in respect of for the Loan to be advancedLoan.
Appears in 1 contract
Sources: Term Loan Facility Agreement (Seanergy Maritime Holdings Corp.)
Delivery of the Utilisation Request. (a) The Borrower Borrowers may utilise the Facility or any part of it by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower Borrowers may not deliver more than one Utilisation Request in respect of the Loan to Loan. All Tranches shall be advanceddisbursed in one advance.
Appears in 1 contract
Delivery of the Utilisation Request. (a) The Borrower Borrowers may utilise the Facility by delivery to the Facility Agent of a duly completed Utilisation Request not later than the Specified Time.
(b) The Borrower Borrowers may not deliver more than one Utilisation Request in respect of under the Loan to be advancedFacility.
Appears in 1 contract
Sources: Term Loan Facility (Navios South American Logistics Inc.)