No re-financing Clause Samples

No re-financing. During the period from the date of this Agreement to and including five (5) years from the Drawdown Date for the first Ship Loan, unless approved by the Facility Agent, no Borrower shall, announce, enter into discussions to raise, raise or attempt to raise any other finance in the international or any relevant domestic syndicated loan, debt, bank, capital or equity market(s) (including, but not limited to, any bilateral or syndicated facility, bond or note issuance or private placement), in substitution for the Loan.