No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, the operation, maintenance and/or repair of the Vessel;
Appears in 3 contracts
Samples: Agreement (Top Ships Inc.), Loan Agreement (NewLead Holdings Ltd.), Loan Agreement (FreeSeas Inc.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not to pay out any funds to any company or person except in connection with the administration of the BorrowerBorrowers, or the operation, maintenance and/or repair construction of the VesselVessels;
Appears in 2 contracts
Samples: Agreement (Omega Navigation Enterprises, Inc.), Agreement (Omega Navigation Enterprises, Inc.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, the operation, maintenance trade, charter, maintain and/or repair of the Vessel;
Appears in 2 contracts
Samples: Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) ), not pay out any funds to (J18-181463/C) any company or person except in connection with the administration of the Borrower, the operation, maintenance and/or repair of the Vessel;.
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, the operationOwners, maintenance the operation and/or repair of the Vessel;Vessels; and
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
No Payments. except pursuant to this Agreement, the Master Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the BorrowerBorrowers, the operation, maintenance operation and/or repair of the Vessel;Vessels.
Appears in 1 contract
Samples: Loan Agreement (Poseidon Containers Holdings Corp.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) ), not pay out any funds to any company or person except in connection with the administration of each of the BorrowerBorrowers, the operation, maintenance and/or repair of the relevant Vessel;; and
Appears in 1 contract
Samples: Agreement (NewLead Holdings Ltd.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, the operationOwner, maintenance the operation and/or repair of the Vessel;; and
Appears in 1 contract
Samples: Loan Agreement (StealthGas Inc.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the BorrowerBorrowers, the operation, maintenance and/or repair of the VesselVessels;
Appears in 1 contract
Samples: Loan Agreement (FreeSeas Inc.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, Borrower and the operation, maintenance operation and/or repair of the Vessel;
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
No Payments. except pursuant to this Agreement and the other Security Documents (or as expressly permitted by the same) not pay out any funds to any company or person except in connection with the administration of the Borrower, Borrowers and the operation, maintenance Corporate Guarantor and the operation and/or repair of the Vessel;Vessels; and
Appears in 1 contract
Samples: Loan Agreement (Costamare Inc.)
