Common use of Financial Indebtedness Clause in Contracts

Financial Indebtedness. No Borrower shall incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 20 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (United Maritime Corp)

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Financial Indebtedness. No Borrower The Borrowers shall not incur or permit to be outstanding any Financial Indebtedness except for Permitted Financial Indebtedness.

Appears in 8 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Financial Indebtedness. No The Borrower shall not incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 3 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Term Loan Facility (Pyxis Tankers Inc.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Financial Indebtedness. No Borrower Obligor shall incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 2 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Euroseas Ltd.)

Financial Indebtedness. No Borrower shall, and the Borrower shall procure that no Transaction Obligor (other than the Parent Guarantor) will, incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 2 contracts

Samples: Term Loan Facility (Dorian LPG Ltd.), Term Loan Facility (Dorian LPG Ltd.)

Financial Indebtedness. No The Borrower shall not incur or permit allow to be remain outstanding any Financial Indebtedness except other than Permitted Financial Indebtedness.

Appears in 2 contracts

Samples: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Financial Indebtedness. No The Borrower shall not incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtednessfinancial indebtedness.

Appears in 1 contract

Samples: Loan Agreement

Financial Indebtedness. No Borrower shall incur or permit to be outstanding any Financial Indebtedness (including entering into any investments, any sale or leaseback agreement or any off-balance sheet transactions) except for Permitted Financial Indebtedness.

Appears in 1 contract

Samples: Facility Agreement (Global Ship Lease, Inc.)

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Financial Indebtedness. No Borrower The Borrowers shall not incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 1 contract

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.)

Financial Indebtedness. No Borrower The Borrowers shall not incur or permit to be outstanding any Financial Indebtedness except for Permitted Financial Indebtedness.. ​ ​

Appears in 1 contract

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp)

Financial Indebtedness. No .No Borrower shall incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 1 contract

Samples: Term Loan Facility (Star Bulk Carriers Corp.)

Financial Indebtedness. No Neither Borrower shall will incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 1 contract

Samples: Term Loan Facility (Castor Maritime Inc.)

Financial Indebtedness. No Borrower shall Guarantor shall, incur or permit to be outstanding any Financial Indebtedness except Permitted Financial Indebtedness.

Appears in 1 contract

Samples: Facility Agreement (Scorpio Tankers Inc.)

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