Common use of No borrowings Clause in Contracts

No borrowings. The Borrower shall not (and shall procure that no other Security Party (other than the Guarantor) will) incur or allow to remain outstanding any Financial Indebtedness except for:

Appears in 2 contracts

Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.

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No borrowings. The 22.18.1 No Borrower shall not (and shall procure that no other Security Party (other than the Guarantor) will) incur or allow to remain outstanding any Financial Indebtedness except for:

Appears in 1 contract

Samples: Scorpio Tankers Inc.

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No borrowings. The 22.17.1 No Borrower shall not (and shall procure that no other Security Party (other than the Guarantor) will) incur or allow to remain outstanding any Financial Indebtedness except for:

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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