Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower nor any of the Guarantors has conducted any business other than in connection with, or for the purpose of, owning, chartering and operating the Ships.
Appears in 5 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Borrower’s business; Guarantors’ business. From the date of its incorporation or formation, as the case may be, until the date hereof, neither the Borrower nor any of the Guarantors has conducted any business other than in connection with, or for the purpose of, owning, operating, providing in-house and third party technical management and chartering and operating the Shipsvessels.
Appears in 2 contracts
Samples: Second Lien Loan Agreement (Eagle Bulk Shipping Inc.), Loan Agreement (Eagle Bulk Shipping Inc.)
Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower Borrowers nor any of the Guarantors has conducted any business other than in connection with, or for the purpose of, owning, chartering owning and operating the Ships.
Appears in 2 contracts
Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)
Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower nor any none of the Guarantors Borrowers or the Guarantor has conducted any business other than in connection with, or for the purpose of, owning, chartering and operating the Ships.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower nor any of the Guarantors has have conducted any business other than in connection with, or for the purpose of, owning, managing, chartering and and/or operating the ShipsCollateral Vessels and other vessels owned or chartered by the Borrower’s subsidiaries and, in the case of the Borrower, owning the Equity Interest in the Guarantors and its other subsidiaries.
Appears in 1 contract
Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower nor any of the Guarantors has have conducted any business other than in connection with, or for the purpose of, owning, managing, chartering and and/or operating the ShipsCollateral Vessels and other vessels owned by the Borrower’s subsidiaries and, in the case of the Borrower, owning the Equity Interest in the Guarantors and its other subsidiaries.
Appears in 1 contract
Borrower’s business; Guarantors’ business. From the date of its incorporation until the date hereof, neither the Borrower Borrowers nor any of the Guarantors has Guarantor have conducted any business other than in connection with, or for the purpose of, owning, managing, chartering and and/or operating the Ships.
Appears in 1 contract