Common use of No employees; VAT group Clause in Contracts

No employees; VAT group. (i) None of the Borrowers shall have any employees.

Appears in 4 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

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No employees; VAT group. (i) None of the Borrowers The Borrower shall not have any employees.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Pangaea Logistics Solutions Ltd.)

No employees; VAT group. (i) None Neither of the Borrowers shall have any employees.

Appears in 2 contracts

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.), Loan Agreement (Quartet Holdco Ltd.)

No employees; VAT group. (i) None of the Borrowers No Borrower shall have any employees.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

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No employees; VAT group. (i) None of the Borrowers Neither Borrower shall have any employees.

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

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