Common use of Drawdown Notice irrevocable Clause in Contracts

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent.

Appears in 8 contracts

Sources: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 8 contracts

Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Euronav NV), Loan Agreement (Danaos Corp)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Lenders.

Appears in 7 contracts

Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 7 contracts

Sources: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 6 contracts

Sources: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 6 contracts

Sources: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or duly authorised representative of a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 5 contracts

Sources: Amending and Restating Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Box Ships Inc.), Amending and Restating Agreement (Box Ships Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 5 contracts

Sources: Amending and Restating Agreement, Amending and Restating Agreement (Golar LNG Partners LP), Loan Agreement (Britannia Bulk Holdings Inc)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized authorised attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 4 contracts

Sources: Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.), Loan Agreement (Euroseas Ltd.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 4 contracts

Sources: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized authorised attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 4 contracts

Sources: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer authorized signatory or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 4 contracts

Sources: Loan Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 4 contracts

Sources: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 4 contracts

Sources: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 4 contracts

Sources: Amending and Restating Agreement (DryShips Inc.), Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 3 contracts

Sources: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or or, if agreed by the Agent, a duly authorized authorised attorney-in-fact of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 3 contracts

Sources: Amending and Restating Agreement (TBS International PLC), Amending and Restating Agreement (TBS International PLC), Loan Agreement (TBS International LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized authorised attorney-in-fact of the Borrowers Borrower and shall be effective on actual receipt thereof by the Lender and, once served, a Drawdown Notice it, subject as provided in Clause 3.6 (Market disruption), cannot be revoked without the prior consent of the AgentLender.

Appears in 3 contracts

Sources: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Performance Shipping Inc.), Loan Agreement (Performance Shipping Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrowers; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Lenders.

Appears in 3 contracts

Sources: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Capital Product Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (Box Ships Inc.), Loan Agreement (Paragon Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers each Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting with the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (TBS International LTD), Loan Agreement (TBS International LTD)

Drawdown Notice irrevocable. A Each Drawdown Notice must be duly signed by a director, an officer director or a duly authorized appointed attorney-in-fact of the Borrowers Borrowers; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent.

Appears in 2 contracts

Sources: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer authorised signatory or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (Star Cosmo Llc.), Loan Agreement (Star Bulk Carriers Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Amending and Restating Agreement (GasLog Partners LP), Amending and Restating Agreement

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

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

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by an Authorised Officer of a directorBorrower and, an officer or a duly authorized attorney-in-fact of the Borrowers and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked or varied without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers and Borrower and, once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (DryShips Inc.), Loan and Guarantee Facility Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A Each Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of all the Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Drawdown Notice irrevocable. A Each Drawdown Notice must be duly signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP)

Drawdown Notice irrevocable. A Each Drawdown Notice must be duly signed by a director, an director or officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers each Borrower; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Required Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an director or officer or a duly authorized attorney-in-fact an authorised person of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an director or officer or duly authorised signatory of a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 2 contracts

Sources: Facility Agreement (NewLead Holdings Ltd.), Facility Agreement (NewLead Holdings Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Seacastle Inc.), Amending and Restating Agreement (Seacastle Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (StealthGas Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, director or an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a other duly authorized attorney-in-fact authorised representative of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Gala Properties Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Capital Product Partners L.P.)

Drawdown Notice irrevocable. A Each Drawdown Notice must be duly signed by a director, an officer director or a duly authorized appointed attorney-in-fact of the Borrowers each Borrower; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 2 contracts

Sources: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Quintana Shipping Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, director or an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Supplemental Agreement (Navios Maritime Containers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, director or an officer or a duly authorized attorney-in-fact authorised representative of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Diana Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authorisation of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Paragon Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, director or an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Containers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of each of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Lenders (such consent not to be unreasonably withheld or delayed), provided always that the Agent has received promptly and correctly any cancellation request made pursuant to Clause 2.4.

Appears in 1 contract

Sources: Loan Agreement (Alma Maritime LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, director or an officer or a duly authorized authorised attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (B Plus H Ocean Carriers LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact director of the Borrowers Borrower, and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Knightsbridge Tankers LTD)

Drawdown Notice irrevocable. A Each Drawdown Notice must be signed by a director, an officer authorised signatory or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Star Bulk Carriers Corp.)

Drawdown Notice irrevocable. A The Drawdown Notice must be duly signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrowers; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Pyxis Tankers Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers each Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Oceanfreight Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and once served, a Drawdown Notice cannot be revoked or varied without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Scorpio Tankers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Dynagas LNG Partners LP)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact other authorised person of the Borrowers each Borrower and once served, a such Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a served the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Navios Maritime Containers Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Pyxis Tankers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact Person on behalf of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Administrative Agent, acting with the authorization of the Majority Lenders.

Appears in 1 contract

Sources: Senior Secured Credit Facility Agreement (Pacific Drilling S.A.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised representative of the Borrowers Borrowers; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Star Bulk Management Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Top Ships Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a the Drawdown Notice notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Amending and Restating Agreement (Paragon Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a directordirector or officer or, an officer or if agreed by the Lender, a duly authorized authorised attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (TBS International LTD)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer director or a other duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Britannia Bulk Holdings Inc)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and Borrower and, once served, a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting with the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Ultrapetrol Bahamas LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers and Borrowerand once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Castor Maritime Inc.)

Drawdown Notice irrevocable. A Each Drawdown Notice must be duly signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers each Borrower; and once served, a Drawdown Notice it cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer 2 directors or by a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent.

Appears in 1 contract

Sources: Loan Agreement (Euronav NV)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, director or an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Navios Maritime Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an director or officer or a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Star Bulk Carriers Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrowers; and once served, a that Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting on the authority of the Majority Lenders, such consent not to be unreasonably withheld or delayed (and such consent may be withheld if any of the Lenders incurs any reasonable and documented expenses or losses as a result of a revocation of that Drawdown Notice and is not indemnified by the Borrowers for the same).

Appears in 1 contract

Sources: Loan Agreement (Costamare Bulkers Holdings LTD)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior written consent of the Agent, acting on the authority of the Lenders.

Appears in 1 contract

Sources: Loan Agreement (StealthGas Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Lenders.

Appears in 1 contract

Sources: Loan Agreement (Castor Maritime Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a directordirector officer or, an officer or if agreed by the Lender, a duly authorized authorised attorney-in-fact of the Borrowers a Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (TBS International LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Quintana Shipping Ltd.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-an authorised attorney in fact of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrowers; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Euroseas Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Top Ships Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person on behalf of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers each Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Omega Navigation Enterprises, Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by an Authorised Officer of a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (B Plus H Ocean Carriers LTD)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and Borrowers; and, once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentAgent acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

Drawdown Notice irrevocable. A Drawdown Notice must be duly signed by a director, an officer director or a duly authorized attorney-in-fact other authorised person of the Borrowers Borrowers; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Facility Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Capital Product Partners L.P.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Box Ships Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-an authorised attorney in fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer director or a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders, such consent not to be unreasonably withheld or delayed (and such consent may be withheld if any of the Lenders incurs any reasonable and documented expenses or losses as a result of a revocation of a Drawdown Notice and is not indemnified by the Borrower for the same).

Appears in 1 contract

Sources: Loan Agreement (Costamare Partners LP)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Relevant ▇▇▇▇▇▇▇▇ and once served, a Drawdown Notice cannot be revoked or varied without the prior consent of the Agent, acting on the authority of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (Scorpio Tankers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers and both Borrowers; and, once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by an authorized signatory of a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting with the authorisation of the Majority Lenders.

Appears in 1 contract

Sources: Loan Agreement (GasLog Ltd.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised person of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Omega Navigation Enterprises, Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an director or officer or of a duly authorized attorney-in-fact of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Scorpio Bulkers Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (Toro Corp.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact of the Borrowers Borrower and once served, a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders (such consent and approval not to be unreasonably withheld or delayed).

Appears in 1 contract

Sources: Loan Agreement (Eagle Bulk Shipping Inc.)

Drawdown Notice irrevocable. A Drawdown Notice must be signed by a director, an officer or a duly authorized attorney-in-fact authorised signatory of the Borrowers Borrower; and once served, a Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Loan Agreement (DryShips Inc.)

Drawdown Notice irrevocable. A The Drawdown Notice must be signed by a director, an officer authorized signatory or a duly authorized attorney-in-fact director of the Borrowers Borrower; and once served, a the Drawdown Notice cannot be revoked without the prior consent of the AgentLender.

Appears in 1 contract

Sources: Amending and Restating Agreement (Star Bulk Carriers Corp.)