No borrowings. No Borrower shall incur or allow to remain outstanding any Financial Indebtedness (except for the Loan).
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Samples: Loan Agreement (Euroseas Ltd.), Euroseas Ltd.
No borrowings. No The Borrower shall not incur or allow to remain outstanding any Financial Indebtedness (except for the Loan).
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Samples: EuroDry Ltd.
No borrowings. No Borrower shall incur or allow to remain outstanding any Financial Indebtedness (except for the Loan)Loan and any Permitted Intercompany Loans) unless it is a Permitted Transaction.
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No borrowings. No Borrower None of the Borrowers shall incur or allow to remain outstanding any Financial Indebtedness (except for the Loan).
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Samples: Performance Shipping Inc.
No borrowings. No Borrower shall and the Collateral Owner shall not incur or allow to remain outstanding any Financial Indebtedness (except for the Loan).
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No borrowings. No Borrower shall incur or allow to remain outstanding any Financial Indebtedness (except for the Loan)) unless it is a Permitted Transaction or a Permitted Loan.
Appears in 1 contract
Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)