Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of: (a) any law or regulation; (b) any fiduciary duty; or (c) any duty of confidentiality.
Appears in 5 contracts
Samples: Facility Agreement (Powerfleet, Inc.), Second Supplemental Agreement to a Secured Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
Clause 12. 7.1 shall not oblige any Finance Party the Lender to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 3 contracts
Samples: Secured Loan Agreement (Euroseas Ltd.), Secured Loan Agreement (Performance Shipping Inc.), Revolving Credit Facility Agreement (Lesaka Technologies Inc)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, anything which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
or (c) any duty of confidentiality.
Appears in 3 contracts
Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 2 contracts
Samples: Secured Loan Agreement (Scorpio Bulkers Inc.), Secured Loan Agreement (Scorpio Tankers Inc.)
Clause 12. 7.1 8.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c12.8.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 2 contracts
Samples: Secured Loan Agreement (Performance Shipping Inc.), Secured Loan Agreement (Safe Bulkers, Inc.)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, anything which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 2 contracts
Samples: Secured Loan Agreement, Secured Loan Agreement (HC2 Holdings, Inc.)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, anything and Clause 12.7.1(c) β12.7.1.3 above shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) 12.7.3.1 any law or regulation;
(b) 12.7.3.2 any fiduciary duty; or
(c) 12.7.3.3 any duty of confidentiality.
Appears in 1 contract
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, anything which would or might in its reasonable opinion constitute a breach of:
: (a) any law or regulation;
; (b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 1 contract
Samples: Secured Loan Agreement (TORM PLC)
Clause 12. 7.1 5.1 above shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, anything which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 1 contract
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c12.7.1 (c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 1 contract
Clause 12. 7.1 17.1 above shall not oblige any Finance Party to do anything, and Clause 12.7.1(c12.17.1(c) above shall not oblige any other Party party to any Finance Document to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) of any law or regulation;
(b) , any fiduciary duty; or
(c) duty or any duty of confidentiality.
Appears in 1 contract
Clause 12. 7.1 5.1 above shall not oblige any Finance Party to do anything, and Clause 12.7.1(cclause 12.5.1(c) above shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 1 contract
Samples: Facility Agreement (DryShips Inc.)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c12.7.1(c)(a) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
(c) any duty of confidentiality.
Appears in 1 contract
Samples: Secured Loan Facility Agreement (Diana Containerships Inc.)
Clause 12. 7.1 shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) any law or regulation;
(b) any fiduciary duty; or
or (c) any duty of confidentiality.
Appears in 1 contract
Clause 12. 7.1 8.1 above shall not oblige any Finance Party to do anything, and Clause 12.7.1(c) 12.8.1.3 above shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
(a) 12.8.3.1 any law or regulation;
(b) 12.8.3.2 any fiduciary duty; or
(c) 12.8.3.3 any duty of confidentiality.
Appears in 1 contract
Samples: Zar Revolving Credit Facility Agreement (Gold Fields LTD)
