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

No other liabilities or obligations to be incurred. No Borrower will incur any liability or obligation except liabilities and obligations under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, the Finance Documents to which it is a party, or obligations reasonably incurred in the ordinary course of operating and chartering, repair and maintenance of the Ship owned by it.

No other liabilities or obligations to be incurred. No Borrower will incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, and the Finance Documents to which it is a party, ; (b) liabilities or obligations reasonably incurred in the ordinary normal course of its business of trading, operating and chartering, repair maintaining and maintenance of repairing the Ship owned by it; and (c) in respect of the Designated Transactions.

No other liabilities or obligations to be incurred. No Borrower will incur any liability or obligation except (i) in the case of Borrower C liabilities and obligations under the Shipbuilding Contract or the MOA MOA, (as the case may beii) to which it is a party, liabilities and obligations under the Finance Documents to which it is a party, party and (iii) liabilities or obligations reasonably incurred in the ordinary course of operating and chartering, repair and maintenance of chartering the Ship owned by itit Provided that they have been fully subordinated to the Lender's rights under the Finance Documents on terms acceptable to the Lender.

No other liabilities or obligations to be incurred. No The Borrower will not, and will procure that the Owner will not, incur any liability or obligation except liabilities and obligations obligations: (a) under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, the Finance Documents to which it each is a party, or obligations reasonably ; (b) under the MOA; (c) incurred in the ordinary normal course of its business of operating vessels; and (d) incurred in the normal course of its business of acquiring and chartering, repair and maintenance of the Ship owned by itfinancing vessels.

No other liabilities or obligations to be incurred. No The Borrower will not incur any liability or obligation except liabilities and obligations obligations: (a) under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, and the Finance Documents to which it is a party; (b) under the Master Agreement (but in such case, or obligations reasonably only in connection with Transactions); and (c) incurred in the ordinary normal course of operating and its business of trading, chartering, repair operating, maintaining and maintenance of repairing the Ship owned by itShip.

No other liabilities or obligations to be incurred. No The Borrower will not incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, the Finance Documents to which it is a party; or (b) under the Approved Charterparty, or the MOA and/or the Shipbuilding Contract; or (c) liabilities and obligations reasonably incurred in the ordinary course of operating and chartering, repair and maintenance of chartering the Ship owned by itShip.

No other liabilities or obligations to be incurred. No Neither Borrower will incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or MOA, the MOA (as the case may be) to which it is a party, Approved Charter and the Finance Documents to which it is a party, ; and (b) liabilities or obligations reasonably incurred in the ordinary normal course of its business of trading, operating and chartering, repair maintaining and maintenance of repairing the Ship owned by it.

No other liabilities or obligations to be incurred. No Borrower will incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or Finance Documents and the MOA (as the case may be) Approved Charterparty to which it is a party; or (b) in the case of Borrower A, under the Finance Documents to which it is a party, or MOA; or (c) liabilities and obligations reasonably incurred in the ordinary course of operating and chartering, repair and maintenance of the Ship owned by itchartering its Ship.

No other liabilities or obligations to be incurred. No Borrower will incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, and the Finance Documents to which it is a party, ; (b) liabilities or obligations reasonably incurred in the ordinary normal course of its business of trading, operating and chartering, repair maintaining and maintenance of repairing the Ship owned by it.; and (c) in respect of the Designated Transactions,

No other liabilities or obligations to be incurred. No Neither Borrower will incur any liability or obligation except except: (a) liabilities and obligations under the Shipbuilding Contract or the MOA (as the case may be) to which it is a party, and the Finance Documents to which it is a party, ; (b) liabilities or obligations reasonably incurred in the ordinary normal course of its business of trading, operating and chartering, repair maintaining and maintenance of repairing the Ship owned by it; and (c) in respect of the Designated Transactions.