Common use of No US Tax Obligor Clause in Contracts

No US Tax Obligor. procure that, unless otherwise agreed by the Lender, no Security Party shall become a US Tax Obligor; and

Appears in 3 contracts

Samples: Loan Agreement (Performance Shipping Inc.), Agreement (Imperial Petroleum Inc./Marshall Islands), Performance Shipping Inc.

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No US Tax Obligor. The Borrower shall procure that, unless otherwise agreed by the Lender, no Security Party shall become a US Tax Obligor; andObligor (other than as disclosed to the Lender).

Appears in 2 contracts

Samples: Loan Agreement (Seanergy Maritime Holdings Corp.), Seanergy Maritime Holdings Corp.

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