Common use of NO BUSINESS Clause in Contracts

NO BUSINESS. the Borrower has not undertaken any business or employed any person or incurred any obligations in respect of any pension scheme, save in respect of the Master, officers and crew of the Vessel;

Appears in 4 contracts

Samples: Facility Agreement (Pyxis Tankers Inc.), Loan Agreement (Navios Maritime Holdings Inc.), EuroDry Ltd.

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NO BUSINESS. the neither Borrower has not undertaken any business or employed any person or incurred any obligations in respect of any pension scheme, save in respect of the Master, officers and crew of the VesselVessel owned or to be owned by it;

Appears in 3 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

NO BUSINESS. the no Borrower has not undertaken any business or employed any person or incurred any obligations in respect of any pension scheme, save in respect of the Master, officers and crew of the VesselVessel owned by it;

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Navios Maritime Partners L.P., Navios Maritime Holdings Inc.

NO BUSINESS. the Borrower has not undertaken any business or employed any person or incurred any obligations in respect of any pension scheme, save in respect of the Master, officers and crew of the VesselVessel owned or to be owned by it;

Appears in 1 contract

Samples: Navios Maritime Acquisition CORP

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NO BUSINESS. the neither Borrower has not undertaken any business or employed any person or incurred any obligations in respect of any pension scheme, save in respect of the Master, officers and crew of the VesselVessel owned by it;

Appears in 1 contract

Samples: Agreement (Navios Maritime Acquisition CORP)

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