No other liabilities or obligations to be incurred. The Charterers shall not incur any liability or obligation except:- (a) liabilities and obligations under the Transaction Documents to which it is a party; (b) liabilities or obligations reasonably incurred in the ordinary course of operating and chartering the Vessel; and (c) any indebtedness subordinated in accordance with Clause 47.15 (Subordination).
Appears in 3 contracts
Samples: Additional Clauses (DryShips Inc.), DryShips Inc., DryShips Inc.
No other liabilities or obligations to be incurred. The Charterers shall not incur any liability or obligation except:- (a) liabilities and obligations under the Transaction Documents to which it is a party; (b) liabilities or obligations reasonably incurred in m the ordinary course of operating and chartering the Vessel; and (c) any indebtedness subordinated in accordance with Clause 47.15 (Subordination).
Appears in 1 contract
Samples: Additional Clauses (DryShips Inc.)