No Encumbrance or Financial Indebtedness. (a) No Encumbrance exists over all or any of the present or future assets of the Borrowers.
Appears in 3 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.
No Encumbrance or Financial Indebtedness. (a) No Encumbrance exists over all or any of the present or future assets of the BorrowersBorrower.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.
No Encumbrance or Financial Indebtedness. (ai) No Encumbrance exists over all or any of the present or future assets of any of the BorrowersSecurity Parties (other than the Borrower or the Manager).
Appears in 2 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)
No Encumbrance or Financial Indebtedness. (a) No Encumbrance or Quasi-Security exists over all or any of the present or future assets of any of the BorrowersBorrowers other than as permitted by the Finance Documents.
Appears in 2 contracts
Samples: Performance Shipping Inc., Performance Shipping Inc.
No Encumbrance or Financial Indebtedness. (a) No Other than a Permitted Encumbrance, no Encumbrance exists over all or any of the present or future assets of any of the Borrowers.
Appears in 2 contracts
Samples: Loan Agreement (Diana Containerships Inc.), Diana Containerships Inc.
No Encumbrance or Financial Indebtedness. (a) No Encumbrance exists over all or any of the present or future assets of any of the BorrowersSecurity Parties (other than the Borrower or the Manager).
Appears in 1 contract
Samples: Safe Bulkers, Inc.
No Encumbrance or Financial Indebtedness. (a) No Encumbrance exists over all or any of the present or future assets of the Borrowersany Borrower.
Appears in 1 contract
Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)
No Encumbrance or Financial Indebtedness. (a) No Encumbrance (other than any Permitted Encumbrance) exists over (i) all or any of the present or future assets of either of the Borrowers and (ii) the shares of the Chargor in each of the Borrowers.; and
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
