No loans or other. financial commitments The Borrower shall not without the prior written consent of the Lender make any loan nor enter into any guarantee or indemnity or otherwise voluntarily assume any actual or contingent liability in respect of any obligation of any other person.
Appears in 4 contracts
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
No loans or other. financial commitments The Borrower shall not without the prior written consent of the Lender make any loan nor enter into any guarantee or indemnity or otherwise voluntarily assume any actual or contingent liability in respect of any obligation of any other personperson except for loans made in the ordinary course of business in connection with the chartering, operation or repair of the Vessel.
Appears in 3 contracts
Samples: Secured Loan Agreement (Paragon Shipping Inc.), Secured Loan Agreement (DryShips Inc.), Secured Loan Agreement (Top Ships Inc.)
No loans or other. financial commitments The Borrower shall not without the prior written consent of the Lender make any loan nor enter into any guarantee or indemnity or otherwise voluntarily assume any actual or contingent liability in respect of any obligation of any other personperson except for loans made in the ordinary course of business in connection with the chartering, operation or repair of the. Vessel.
Appears in 1 contract
No loans or other. financial commitments The Borrower shall not without the prior written consent of the Lender make any loan nor enter into any guarantee or indemnity or otherwise voluntarily assume any actual or contingent liability in respect of any obligation of any other personperson (except for inter-company loans subordinated to the Loan).
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
