Common use of No other liabilities or obligations to be incurred Clause in Contracts

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: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Holdings Inc.)

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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: 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 (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 No Borrower will incur any liability or obligation Financial Indebtedness except liabilities and obligations that incurred under the Shipbuilding Contract and the Finance Documents to which it is a party and liabilities or obligations that 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: Loan 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 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), Agreement (Euronav NV)

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 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: Agreement (NewLead Holdings Ltd.), Loan Agreement (NewLead Holdings Ltd.)

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

Samples: Loan Agreement (Paragon Shipping Inc.)

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.)

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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 their business of operating and chartering its Ship and all other matters reasonably incidental theretothe Ship.

Appears in 1 contract

Samples: 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 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.)

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 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.)

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