Common use of Non-conflict with other obligations Clause in Contracts

Non-conflict with other obligations. The entry into and performance by each Security Party of, and the transactions contemplated by, the Finance Documents do not conflict with: (a) any law or regulation applicable to that Security Party; (b) the constitutional documents of that Security Party; or (c) any document binding on that Security Party or any of its assets, and in borrowing the Loan, the Borrower is acting for its own account.

Appears in 15 contracts

Samples: Secured Loan Agreement (DHT Holdings, Inc.), Third Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD), Secured Loan Agreement (Poseidon Containers Holdings Corp.)

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Non-conflict with other obligations. The entry into and performance by each Security Party of, and the transactions contemplated by, the Finance Documents do not conflict with: (a) any law or regulation applicable to that Security Party; (b) the constitutional documents of that Security Party; or (c) any document binding on that Security Party or any of its assets, and in borrowing the Loan, the Borrower is Borrowers are acting for its their own account.

Appears in 8 contracts

Samples: Secured Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Diana Shipping Inc.)

Non-conflict with other obligations. The entry into and performance by each Security Obligor Party of, and the transactions contemplated by, the Finance Documents and the granting of the Transaction Security do not and will not conflict with: (a) any law or regulation applicable to that Security Partyit; (b) the its constitutional documents of that Security Partydocuments; or (c) any document agreement or instrument binding on that Security Party upon it or any of its assets, and in borrowing the Loan, the Borrower is acting for its own account.

Appears in 5 contracts

Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

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Non-conflict with other obligations. The entry into and performance by each Security Party of, of and the transactions contemplated by, the Finance Documents do not conflict with: (a) any law or regulation applicable to that Security Party; (b) the constitutional documents of that Security Party; or (c) any document binding on that Security Party or any of its assets, and in borrowing the Loan, the Borrower is acting for its own account.

Appears in 1 contract

Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)

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