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

No other liabilities or obligations to be incurred. The Borrower will not incur any liability or obligation except: (a) liabilities and obligations under the Finance Documents to which it is a party; and (b) liabilities or obligations reasonably incurred in the ordinary course of owning, operating and chartering the Ship.

No other liabilities or obligations to be incurred. The Borrower will not incur any liability or obligation except: (a) except liabilities and obligations under the Finance Documents to which it is a party; and (b) and liabilities or obligations reasonably incurred in the ordinary course of owning, operating and chartering the Ship.

No other liabilities or obligations to be incurred. The No Borrower will not incur any liability or obligation exceptexcept liabilities and obligations: (a) liabilities and obligations under the Finance Documents to which it is a party; and (b) liabilities or obligations reasonably incurred in the ordinary course of owning, operating and chartering the ShipShip owned by it.

No other liabilities or obligations to be incurred. The No Borrower will not incur any liability or obligation except: (a) liabilities and obligations under the Transaction Documents and the Finance Documents to which it is a party; and; (b) liabilities or obligations reasonably incurred in the ordinary course of owning, operating and chartering the Ship.Ship owned by it (and then only if any such Financial Indebtedness is unsecured trade credit with an aggregate amount not exceeding $500,000 (or the equivalent in any other currency) at any time); and

No other liabilities or obligations to be incurred. The Borrower will not incur any liability or obligation except: except (ai) liabilities and obligations under the Finance Documents to which it is a party; and party and (bii) liabilities or obligations reasonably incurred in the ordinary course of owning, their business of operating and chartering the Ship.