No borrowings. No Borrower shall without the prior written consent of the Agent borrow any money (except for the Loan and unsecured Financial Indebtedness subordinated to the Loan) nor incur any obligations under leases.
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Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Danaos Corp)
No borrowings. No The Borrower shall not without the prior written consent of the Agent borrow incur any money Financial Indebtedness (except for the Loan and any Indebtedness arising under the Master Agreement) or any unsecured Financial Indebtedness subordinated to the Loan) nor incur any obligations under leases.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
No borrowings. No Neither Borrower shall without the prior written consent of the Agent borrow any money (except for the Loan and unsecured Financial Indebtedness subordinated to normal trade credit in the Loanordinary course of business) nor incur any obligations under leases.
Appears in 1 contract
No borrowings. No Neither Borrower shall without the prior written consent of the Agent Agent, and shall procure that none of the Corporate Guarantors shall without the prior written consent of the Agent, borrow any money (except for the Loan, the Collateral Loan Indebtedness and unsecured Financial Indebtedness subordinated to the Loan) nor incur any obligations under leases.
Appears in 1 contract
No borrowings. No Borrower shall without the prior written consent of the Agent borrow any money (except for the Loan and unsecured Financial Indebtedness subordinated to normal trade credit in the Loanordinary course of business) nor incur any obligations under leases.
Appears in 1 contract
No borrowings. No Neither Borrower shall without the prior written consent of the Agent borrow any money (except for the Loan and unsecured Financial Indebtedness subordinated to the Loan) nor incur any obligations under leases.
Appears in 1 contract
