No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a Borrower is a party, the Borrowers confirm (i) that they are acting for their own account; (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 4 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Amending and Restating Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 4 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 2 contracts
Samples: Loan Agreement (Quintana Shipping Ltd.), Loan Agreement (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of Directive 2005/60/EC (91/308) EEC of the Council of the European Parliament and of the CouncilCommunities).
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms that (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement requirements or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 2 contracts
Samples: Loan Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their respective obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of Directive 2005/60/EC (91/308) EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 2 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms that (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement requirements or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loanany Advance, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan each Advance for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Amending and Restating Agreement (Seacastle Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Containers Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of the Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of Directive 2005/60/EC (91/308) EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 1of the Directive (91/308/EEC) of Directive 2005/60/EC the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a any Borrower is a party, the Borrowers confirm each Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Supplemental Agreement (Navios Maritime Containers Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms that (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement requirements or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a Borrower is a party, the Borrowers confirm (i1) that they are acting for their own account; (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a Borrower is a party, the Borrowers confirm (i) that they are acting for their own account; (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 I of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a each Borrower is a party, the Borrowers confirm each Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).,
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm that (i) that they are acting for their own account; , (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement requirements or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a Borrower is a party, the Borrowers confirm (i) that they are acting for their own account; (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of Directive 2005/60/EC (91/308) (EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a Borrower is the Borrowers are a party, the Borrowers confirm that (i) that they are acting for their own account; , (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement requirements or other regulatory measure or procedure implemented to combat "“money laundering" ” (as defined in Article 1 of the Directive 2005/60(91/308/EC EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; , (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; Agreement and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers Borrower of the Loan, the performance and discharge of their its obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a the Borrower is a party, the Borrowers confirm Borrower confirms (i) that they are it is acting for their its own account; (ii) that they it will use the proceeds of the Loan for their its own benefit, under their its full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).,
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrowers of the Loan, the performance and discharge of their obligations and liabilities under the Finance Documents, and the transactions and other arrangements affected or contemplated by the Finance Documents to which a Borrower is a party, the Borrowers confirm (i) that they are acting for their own account; (ii) that they will use the proceeds of the Loan for their own benefit, under their full responsibility and exclusively for the purposes specified in this Agreement; and (iii) that the foregoing will not involve or lead to a contravention of any law, official requirement or other regulatory measure or procedure implemented to combat "money laundering" (as defined in Article 1 of Directive 2005/60/EC (91/308) (EEC) of the Council of the European Parliament and of the CouncilCommunities).
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)