Common use of No default under other Indebtedness Clause in Contracts

No default under other Indebtedness. to the knowledge of the Directors/Officers of the Borrower and the other Security Parties, none of the Borrower and the other Security Parties is in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

Appears in 2 contracts

Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

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No default under other Indebtedness. to the knowledge of the Directors/Officers of neither the Borrower and the nor any other Security Parties, none of the Borrower and the other Security Parties Party is in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

Appears in 2 contracts

Samples: Loan Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.)

No default under other Indebtedness. to the knowledge of the Directors/Officers of each of the Borrower Borrowers and the other Security Parties, none neither the Borrowers (or either of the Borrower and the them) nor any other Security Parties Party is in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

No default under other Indebtedness. to neither the knowledge of the Directors/Officers of the Borrower and the Borrowers nor any other Security Parties, none of the Borrower and the other Security Parties Party is in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

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No default under other Indebtedness. to the knowledge of the Directors/Officers of the Borrower and the other Security Parties, none of neither the Borrower and the nor any other Security Parties Party is in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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