Sanctions As regards Sanctions. (a) none of the Security Parties or any Affiliate of any of them is a Prohibited Person or is owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and none of such persons owns or controls a Prohibited Person;
Appears in 4 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Tankers Inc.), Scorpio Tankers Inc.
Sanctions As regards Sanctions. (a) none None of the Security Parties or any Affiliate of any of them is a Prohibited Person or is owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Person and none of such persons owns or controls a Prohibited Person;.
Appears in 3 contracts
Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (DHT Holdings, Inc.), Diana Containerships Inc.
Sanctions As regards Sanctions. (a) none None of the Security Parties or any Affiliate of any of them is a Prohibited Restricted Person or is owned or controlled by, or acting directly or indirectly on behalf of or for the benefit of, a Prohibited Restricted Person and none of such persons owns or controls a Prohibited Restricted Person;.
Appears in 1 contract
Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)