No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 4 contracts
Samples: 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 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the a Borrower is a party, the Borrower confirms Borrowers confirm (i) that it is they are acting for its their own account, ; (ii) that it they will use the proceeds of the Loan for its their own benefit, under its 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 or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 4 contracts
Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament 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 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms that (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
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 2.22.3, in relation to the borrowing by the Borrower of the Loanany Advance, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan each Advance for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 2 contracts
Samples: Loan Agreement (Seacastle Inc.), Loan Agreement (Seacastle Inc.)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms that (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 2 contracts
Samples: Agreement (Euroseas Ltd.), Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its their respective obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/308/) EEC) of the Council of the European Communities).
Appears in 2 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/308/EEC) EEC of the Council of the European Communities).
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the each Borrower is a party, the each Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).,
Appears in 1 contract
Samples: Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the a Borrower is a party, the Borrower confirms Borrowers confirm (i) that it is they are acting for its their own account, ; (ii) that it they will use the proceeds of the Loan for its their own benefit, under its 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 or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive (91/308/) (EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (Top Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the any Borrower is a party, the each Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms Borrowers confirm that (i) that it is they are acting for its their own account, (ii) that it they will use the proceeds of the Loan for its their own benefit, under its their full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).,
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms that (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the a Borrower is a party, the Borrower confirms Borrowers confirm (i1) that it is they are acting for its their own account, ; (ii) that it they will use the proceeds of the Loan for its their own benefit, under its 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 or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of the Directive (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the a Borrower is a party, the Borrower confirms Borrowers confirm (i) that it is they are acting for its their own account, ; (ii) that it they will use the proceeds of the Loan for its their own benefit, under its 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 or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/) (EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the a Borrower is a party, the Borrower confirms Borrowers confirm (i) that it is they are acting for its their own account, ; (ii) that it they will use the proceeds of the Loan for its their own benefit, under its 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 or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 I of the Directive (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
Samples: Loan Agreement (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is Borrowers are a party, the Borrower confirms Borrowers confirm that (i) that it is they are acting for its their own account, (ii) that it they will use the proceeds of the Loan for its their own benefit, under its their full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to contravention of any law, official requirement or other regulatory measure or procedure implemented to combat “"money laundering” " (as defined in Article 1 of 1of the Directive (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/3082005/60/EEC) of the Council EC of the European CommunitiesParliament and of the Council).
Appears in 1 contract
Samples: Agreement (Star Bulk Carriers Corp.)
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected affected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, ; (ii) that it will use the proceeds of the Loan for its own benefit, under 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 (91/308/) EEC) of the Council of the European Communities).
Appears in 1 contract
No money laundering. Without prejudice to the generality of Clause 2.22.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents, and the transactions and other arrangements effected or contemplated by the Finance Documents to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own account, (ii) that it will use the proceeds of the Loan for its own benefit, under its full responsibility and exclusively for the purposes specified in this Agreement and (iii) that the foregoing will not involve or lead to 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 (91/308/EEC) of the Council of the European Communities).
Appears in 1 contract
Samples: Execution Version (Navios Maritime Containers Inc.)