Common use of Further conditions precedent Clause in Contracts

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement.

Appears in 4 contracts

Sources: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (Capital Maritime & Trading Corp.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date of an Advance and not later than five (5) Banking Days prior to each any Interest Payment Date, the Bank Lender may request and the Borrower shallmust, not later than two (2) Banking Days prior to such date, deliver to the Bank Lender (at the Borrower’s expense) on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement10.

Appears in 4 contracts

Sources: Facility Agreement, Facility Agreement (Navios Maritime Midstream Partners LP), Facility Agreement (Navios Maritime Midstream Partners LP)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date of an Advance and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or favourable opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement10.

Appears in 3 contracts

Sources: Facility Agreement (Freeseas Inc.), Facility Agreement (Globus Maritime LTD), Facility Agreement (FreeSeas Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or favourable opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement10.

Appears in 2 contracts

Sources: Loan Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower Borrowers shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this AgreementAgreement and clauses 4 and 5 of the Corporate Guarantees.

Appears in 2 contracts

Sources: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank Banks may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank Banks on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 and clauses 4 and 5 of this Agreementeach Owner’s Guarantee.

Appears in 2 contracts

Sources: Facilities Agreement (Aries Maritime Transport LTD), Facilities Agreement (Omega Navigation Enterprises, Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank Banks may request and the Borrower Borrowers shall, not later than two (2) Banking Days prior to such date, deliver to the Bank Banks on such request further favourable relevant certificates and/or favourable opinions as to any or all of the matters which are the subject of clauses 7clauses7, 8, 9 and 10 of this Agreement10.

Appears in 1 contract

Sources: Loan Agreement (Mc Shipping Inc)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank Banks may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank Banks on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 and clauses 4 and 5 of this Agreementeach Owner’s Guarantee.

Appears in 1 contract

Sources: Facility Agreement (Aries Maritime Transport LTD)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower Borrowers shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable relevant certificates and/or favourable opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 and clauses 4 and 5 of this Agreementeach Guarantee.

Appears in 1 contract

Sources: Junior Loan Agreement (FreeSeas Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date of an Advance and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or favourable opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement.10,

Appears in 1 contract

Sources: Supplemental Agreement (FreeSeas Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Dateat any time during the Security Period, the Bank Banks may request and the Borrower shall, not later than two (2) Banking Days prior to the Drawdown Date or after such daterequest, deliver to the Bank Banks on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 and clauses 4 and 5 of this Agreementeach Owner’s Guarantee.

Appears in 1 contract

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

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and each Bank Guarantee Issue Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower Borrowers shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement.

Appears in 1 contract

Sources: Supplemental Agreement (Gala Properties Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this AgreementAgreement and clauses 4 and 5 of the Corporate Guarantees.

Appears in 1 contract

Sources: Facility Agreement (Aegean Marine Petroleum Network Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may reasonably request and the Borrower shallBorrowers must, not later than two (2) Banking Days prior to such date, deliver to the Bank (at the Borrowers’ expense) on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 and clauses 4 and 5 of this Agreementeach Guarantee.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Holdings Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement10.

Appears in 1 contract

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

Further conditions precedent. Not later than five (5) Banking Days prior to the each Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may request and the Borrower Borrowers shall, not later than two (2) Banking Days prior to such date, deliver to the Bank on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this AgreementAgreement and clauses 4 and 5 of the Corporate Guarantee.

Appears in 1 contract

Sources: Loan Agreement (Top Tankers Inc.)

Further conditions precedent. Not later than five (5) Banking Days prior to the Drawdown Date and not later than five (5) Banking Days prior to each Interest Payment Date, the Bank may reasonably request and the Borrower shallBorrowers must, not later than two (2) Banking Days prior to such date, deliver to the Bank (at the Borrowers’ expense) on such request further favourable certificates and/or opinions as to any or all of the matters which are the subject of clauses 7, 8, 9 and 10 of this Agreement10.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Acquisition CORP)