Payment and Prepayment. 4.1 The Buyer shall be entitled to prepay the Seller’s Credit in whole or in part at any time without penalty, by giving the Seller not less than 3 Banking Days’ irrevocable notice. 4.2 The Buyer shall repay the Seller’s Credit (net of any fees, taxes and charges) latest 12 months after the Delivery Date.
Appears in 2 contracts
Sources: Seller’s Credit Agreement (Capital Product Partners L.P.), Seller’s Credit Agreement (Capital Product Partners L.P.)
Payment and Prepayment. 4.1 The Buyer shall be entitled to prepay the Seller’s Credit in whole or in part at any time without penalty, by giving the Seller not less than 3 Banking Days’ ' irrevocable notice.
4.2 The Buyer shall repay the Seller’s Credit (net of any fees, taxes and charges) latest 12 months five (5) years after the Delivery Date.
Appears in 1 contract
Sources: Seller’s Credit Agreement (Capital Product Partners L.P.)