Common use of No default under other Indebtedness Clause in Contracts

No default under other Indebtedness. neither the Borrower nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any of its Related Companies nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any other Security Party nor any other member of the Group Relevant Party is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any of its Related Companies nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness relating to an aggregate amount exceeding $1,000,000 in respect of each Owner of a Mortgaged Ship or $3,000,000 in respect of each Group member, owner of any other vessel to which it such Owner or such Group member is a party or by which it may be bound;

No default under other Indebtedness. neither none of the Borrower Borrowers nor any of their Related Companies nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under the Master Swap Agreement or any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither the Borrower nor any of its Related Companies nor any other Security Party nor any other member of the Group is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under the Master Swap Agreement or any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. neither none of the Borrower Borrowers nor any other Security Party (except the Manager) nor any other member of the Group their respective Related Parties is (nor would with the giving of notice or lapse of time or the satisfaction of any other condition or combination thereof be) in breach of or in default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;