Common use of No Restriction Clause in Contracts

No Restriction. Neither the making or any 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 (Double Hull Tankers, Inc.), Credit Agreement (DHT Maritime, Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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No Restriction. Neither the making or of any Advance 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: Debtor in Possession Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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