No other liabilities or obligations to be incurred. Neither Borrower will incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental thereto.
Appears in 3 contracts
Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)
No other liabilities or obligations to be incurred. Neither No Borrower will incur any liability or obligation or any other Financial Indebtedness except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its the Ship owned by it and all other matters reasonably incidental theretoany Designated Transaction.
Appears in 3 contracts
Samples: Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP), Loan Agreement (Dynagas LNG Partners LP)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract Contract, the Supervision Agreement and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of (including operating and chartering its Ship and all other matters reasonably incidental theretothe Ship).
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Loan Agreement (Euronav NV)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.
Appears in 2 contracts
Samples: Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)
No other liabilities or obligations to be incurred. Neither Borrower will incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and any MOA to which it is a party and liabilities or and obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretoShip.
Appears in 2 contracts
Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except (i) liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and (ii) liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.
Appears in 2 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.)
No other liabilities or obligations to be incurred. Neither Borrower The Borrowers will not incur any liability or obligation except (i) liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is they are a party and (ii) liabilities or obligations reasonably incurred in the ordinary course of its their business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ships.
Appears in 2 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party or under the Master Agreement (but in such case, only in connection with Transactions) and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Financed Ship.
Appears in 1 contract
Samples: Loan Agreement (Euroseas Ltd.)
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation obligation, including, without limitation, any Financial Indebtedness, except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.
Appears in 1 contract
Samples: Loan Agreement (Omega Navigation Enterprises, Inc.)
No other liabilities or obligations to be incurred. Neither The Borrower will procure that each Owner will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe relevant Ship.
Appears in 1 contract
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business (which shall include, without limitation, incurring Financial Indebtedness for the financing of operating and chartering the vessels owned by its Ship subsidiaries guaranteeing the obligations of its subsidiaries and all other matters reasonably incidental thereto).
Appears in 1 contract
No other liabilities or obligations to be incurred. Neither The Borrower will not incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract Contract, the Transfer Agreement, the Novation Agreement and the Finance Documents to which it is a party and liabilities or obligations reasonably incurred in the ordinary course of its business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)