Common use of No Loans Clause in Contracts

No Loans. not make any loans or advances to, or any investments or pay any interest thereon, in any person, firm, corporation, joint venture or other entity including (without limitation) any loan or advance to any officer, director, stockholder or employee directly or through the Approved Manager;

Appears in 4 contracts

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

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No Loans. not make any loans or advances to, or any investments or pay any interest thereon, in any person, firm, corporation, joint venture or other entity including (without limitation) any loan or advance to any officer, director, stockholder or employee directly or through the Approved Managerdirectly;

Appears in 2 contracts

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

No Loans. not make any loans or advances to, or any investments or pay any interest thereon, in any person, firm, corporation, joint venture or other entity including (without limitation) any loan or advance to any officer, director, stockholder or employee directly or through the Approved Manager;

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

No Loans. not make any loans or advances to, or any investments or pay any interest thereon, in any person, firm, corporation, joint venture or other entity including (without limitation) any loan or advance or grant any credit (save for normal trade credit in the ordinary course of business) to any officer, director, stockholder or employee or any other company managed by the Approved Manager directly or through the Approved Managermanagers of the Vessel or agree to do so;

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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No Loans. not make any loans or advances to, or any investments or pay any interest thereon, in any person, firm, corporation, joint venture or other entity including (without limitation) any loan or advance to any officer, director, stockholder or employee or any other company managed by the Manager directly or through the Approved Managermanagers of the Vessels;

Appears in 1 contract

Samples: Loan Agreement (Costamare Inc.)

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