Common use of No Environmental Claims Clause in Contracts

No Environmental Claims. except as may already have been disclosed by the Borrower in writing to, and acknowledged in writing by, the Lender: (i) there is no Environmental Claim pending or, to the best of the Borrower’s knowledge and belief, threatened against the Borrower or the Vessel or the Borrower’s Related Companies or any other Relevant Ship; and (ii) there has been no emission, spill, release or discharge of a Material of Environmental Concern from the Vessel or any other Relevant Ship or any vessel owned by, managed or crewed by or chartered to the Borrower to the best of Borrower’s knowledge and belief which could give rise to an Environmental Claim;

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

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No Environmental Claims. except as may already have been disclosed by the Borrower in writing to, and acknowledged in writing by, the LenderBank: (i) there is no Environmental Claim pending or, to the best of the Borrower’s knowledge and belief, threatened against the Borrower or the Vessel Approved Manager or the Borrower’s Related Companies or any other Relevant ShipVessel; and (ii) there has been no emission, spill, release or discharge of a Material of Environmental Concern from the Vessel and or any other Relevant Ship or any vessel owned by, managed or crewed by or chartered to the Borrower to or, as the best of Borrower’s knowledge and belief case may be, the Approved Manager which could give rise to an Environmental Claim;

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

No Environmental Claims. except as may already have been disclosed by the Borrower Borrowers in writing to, and acknowledged in writing by, the LenderBank: (i) there is no Environmental Claim pending or, to the best of the Borrower’s Borrowers’ knowledge and belief, threatened against the Borrower Borrowers (or either of them) or the Approved Manager or the Vessel (or the Borrower’s Related Companies or any other Relevant Shipeither of them); and (ii) there has been no emission, spill, release or discharge of a Material of Environmental Concern from the Vessel Vessels (or either of them) and or any other Relevant Ship or any vessel owned by, managed or crewed by or chartered to the Borrower to Borrowers (or either of them) or, as the best of Borrower’s knowledge and belief case may be, the Approved Manager which could give rise to an Environmental Claim;

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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No Environmental Claims. except as may already have been disclosed by the Borrower Borrowers in writing to, and acknowledged in writing by, the Lender: (i) there is no Environmental Claim pending or, to the best of the Borrower’s Borrowers’ knowledge and belief, threatened against the either Borrower or the its Vessel or the that Borrower’s Related Companies or any other Relevant Ship; and (ii) there has been no emission, spill, release or discharge of a Material of Environmental Concern from the Vessel Vessels or any other Relevant Ship or any vessel owned by, managed or crewed by or chartered to the any Borrower to the best of Borrower’s knowledge and belief which could give rise to an Environmental Claim;

Appears in 1 contract

Samples: Loan Agreement (Imperial Petroleum Inc./Marshall Islands)

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