Common use of No Restriction Clause in Contracts

No Restriction. Neither the making of any Loan nor the use of the proceeds thereof nor the performance by the Obligors of this Agreement violates any statute, regulation or executive order restricting loans to, investments in, or the export of assets to, foreign countries or entities doing business there.

Appears in 3 contracts

Samples: Possession Credit Agreement (Eagle Bulk Shipping Inc.), Facility Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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No Restriction. Neither the making of or any Loan Advance nor the use of the proceeds thereof nor the performance by the Obligors of this Agreement violates any statute, regulation or executive order restricting loans to, investments in, or the export of assets to, foreign countries or entities doing business there.

Appears in 3 contracts

Samples: Credit Agreement (DHT Maritime, Inc.), Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Double Hull Tankers, Inc.)

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No Restriction. Neither the making of any Loan the Advances nor the use of the proceeds thereof nor the performance by the Obligors of this Agreement violates any statute, regulation or executive order restricting loans to, investments in, or the export of assets to, foreign countries or entities doing business there.

Appears in 1 contract

Samples: Credit Agreement (TBS International LTD)

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