No Charters to Prohibited Persons. Borrower and Guarantors covenant and agree that the Vessel will not (a) be chartered to a Prohibited Person, (b) make voyages to or from any Prohibited Country, and (c) be allowed to carry cargo from or destined to a Prohibited Country.
Appears in 4 contracts
Samples: Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Quartet Holdco Ltd.)