No money laundering. Without prejudice to the generality of Clause 2.3, 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 Master Agreements, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements 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 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 (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Loan Agreement
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents Master Agreement and the Master AgreementsFinance Documents, and the transactions and other arrangements affected effected or contemplated by the Master Agreement and the Finance Documents and the Master Agreements 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 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 2 contracts
Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.3 (Purpose of Loan), 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 Master AgreementsDocuments, and the transactions and other arrangements affected effected or contemplated by the Finance Documents and the Master Agreements 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 2005/602015/849/EC of the European Parliament and Council of the CouncilEuropean Communities).
Appears in 2 contracts
Samples: Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its each Borrower’s obligations and liabilities under the Finance Documents and the Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements to which the that 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 the Borrowers’ and, as the case may be and subject always to Clause 12.3(d), Group’s 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 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 2 contracts
Samples: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)
No money laundering. Without prejudice to the generality of Clause 2.33.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their respective obligations and liabilities under the Finance Documents to which each is a party and the Master AgreementsAgreement, and the transactions and other arrangements affected effected or contemplated by the Finance Documents to which a Borrower is a party and the Master Agreements to which the Borrower is a partyAgreement, 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; 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 control “money laundering” (as defined in Article 1 of Directive 2005/60/EC of the European Parliament and of the Council).
Appears in 2 contracts
Samples: Agreement (NewLead Holdings Ltd.), Agreement (NewLead Holdings Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, 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 Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements to which the Borrower is a party, the Borrower confirms (i) that it is acting for its own accountaccount and for that of the Owners; (ii) that it will use the proceeds of the Loan for its own benefitbenefit and for that of the Owners, under 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 (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its their respective obligations and liabilities under the Finance Documents and the or any Master AgreementsAgreement, and the transactions and other arrangements affected or contemplated by the Finance Documents and the or any Master Agreements Agreement to which the a 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 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 2 contracts
Samples: Agreement (Scorpio Bulkers Inc.), Agreement (Scorpio Tankers Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by each of the Borrower Borrowers of the Loan, the performance and discharge of its their respective obligations and liabilities under the Finance Documents and the Master AgreementsDocuments, and the transactions and other arrangements affected effected or contemplated by the Finance Documents and the Master Agreements to which each of the Borrower Borrowers is a party, each of the Borrower Borrowers 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; 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 (Omega Navigation Enterprises, Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, 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 Master AgreementsDocuments, and the transactions and other arrangements affected effected or contemplated by the Finance Documents and the Master Agreements 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 (or any part thereof) 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 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 2.32.2, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its the Borrower’s obligations and liabilities under the Finance Documents and the Master Agreementsto which it is a party, and the transactions transaction and other arrangements affected or contemplated by the Finance Documents and the Master Agreements 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 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 (Pyxis Tankers Inc.)
No money laundering. Without prejudice to the generality of Clause 2.32.2, in relation to the borrowing by the Borrower Borrowers of the Loan, the performance and discharge of its each Borrower’s obligations and liabilities under the Finance Documents and the Master Agreementsto which it is a party, and the transactions transaction and other arrangements affected or contemplated by the Finance Documents and the Master Agreements to which the each Borrower is a party, the each Borrower confirms (i) that it is acting for its their 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 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 (Pyxis Tankers Inc.)
No money laundering. 10.16No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents Master Agreement and the Master AgreementsFinance Documents, and the transactions and other arrangements affected effected or contemplated by the Master Agreement and the Finance Documents and the Master Agreements 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 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 Borrower Borrowers of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents and the Master Agreements, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements to which the a 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 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 (GasLog Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, 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 or any Master AgreementsAgreement, and the transactions and other arrangements affected or contemplated by the Finance Documents and the or any Master Agreements Agreement 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 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 2.32.2 (Purpose of the Loan), 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 Master AgreementsDocuments, and the transactions and other arrangements affected effected or contemplated by the Finance Documents and the Master Agreements to which the a 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; 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 2005/602015/849/EC of the European Parliament and Council of the CouncilEuropean Communities).
Appears in 1 contract
No money laundering. 10.18 No money laundering. Without prejudice to the generality of Clause 2.3, 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 Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements 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; 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 (Box Ships Inc.)
No money laundering. Without prejudice to the generality of Clause 2.3, 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 Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements 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 benefitthe benefit of the Borrower’s Group, under 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 Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents and the or any Master AgreementsAgreement, and the transactions and other arrangements affected or contemplated by the Finance Documents and the or any Master Agreements Agreement 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 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 Borrower of the Loan, the performance and discharge of its obligations and liabilities under the Finance Documents and the Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements to which the Borrower it is a party, the Borrower confirms (i) that it is acting for its own accountaccount and for that of the Owners; (ii) that it will use the proceeds of the Loan for its own benefitbenefit and for that of the Owners, under 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 the Directive 2005/60(91/308/EC 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 Borrower Borrowers of the LoanLoan (or any part thereof), the performance and discharge of its their obligations and liabilities under the Finance Documents and the Master AgreementsDocuments, and the transactions and other arrangements affected effected or contemplated by the Finance Documents and the Master Agreements 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; 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 (EuroDry Ltd.)
No money laundering. Without prejudice to the generality of Clause 2.3, in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its the Borrower's obligations and liabilities under the Finance Documents and the Master AgreementsDocuments, and the transactions and other arrangements affected or contemplated by the Finance Documents and the Master Agreements 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 and, as the case may be and subject always to Clause 12.3(d), Group's 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 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.)