Common use of Acquisitions and Investments Clause in Contracts

Acquisitions and Investments. The Borrower shall not, without approval of the Majority Lenders, acquire any person, business, assets or liabilities or make any investment in any person or business or enter into any joint-venture arrangement except: (a) acquisitions of assets in the ordinary course of business (not being new businesses or vessels); (b) the incurrence of liabilities in the ordinary course of its business; (c) any loan or credit not otherwise prohibited under this Agreement; or (d) pursuant to any Finance Documents or Charter Documents to which it is party.

Acquisitions and Investments. The Borrower shall not, without approval of the Majority Lendersapproval, acquire any person, business, assets or liabilities or make any investment in any person or business or enter into any joint-venture arrangement except: (a) acquisitions of assets in the ordinary course of business (not being new businesses or vessels); (b) the incurrence of liabilities in the ordinary course of its business; (c) any loan or credit not otherwise prohibited under this Agreement; or (d) pursuant to any Finance Documents or Charter Building Contract Documents to which it is party.

Acquisitions and Investments. The Borrower shall not, without approval of the Majority Lendersapproval, acquire any person, business, assets or liabilities or make any investment in any person or business or enter into any joint-venture arrangement except: (a) acquisitions of assets in the ordinary course of business (not being new businesses or vessels); (b) the incurrence of liabilities in the ordinary course of its business; (c) any loan or credit not otherwise prohibited under this Agreement; or (d) pursuant to any Finance Documents or Charter Documents or Building Contract Documents to which it is party.

Acquisitions and Investments. The Borrower shall not, without approval of the Majority Lendersapproval, acquire any person, business, assets or liabilities or make any investment in any person or business or enter into any joint-venture arrangement except: (a) acquisitions of assets in the ordinary course of business (not being new businesses or vessels); (b) the incurrence of liabilities in the ordinary course of its business; (c) any loan or credit not otherwise prohibited under this Agreement; or (d) pursuant to any Finance Documents or Charter Documents to which it is party.