Common use of No Claim Clause in Contracts

No Claim. evidence satisfactory to the Agent and/or the Banks that the relevant Builder (and any other party who may have a claim pursuant to the relevant Contract) has no claims against the Additional Ship or the Borrower or relevant Owner and that there have been no breaches of the terms of the relevant Contract or the Refund Guarantee or any default thereunder;

No Claim. evidence satisfactory to the Agent and/or the Banks Lenders that the relevant Builder (and any other party who may have a claim pursuant to the relevant Contract) has no claims against the Additional Ship relevant Ship, the Company or the Borrower or relevant Owner and that there have been no breaches of the terms of the relevant Contract or the relevant Refund Guarantee or any default thereunder;

No Claim. evidence satisfactory to the Agent and/or the Banks Lenders that the relevant Builder (and any other party who may have a claim pursuant to the relevant Contract) has no claims against the Additional relevant Ship or the Borrower or Company, the relevant Owner and that there have been no breaches of the terms of the relevant Contract or the relevant Refund Guarantee Guarantees or any default thereunder;

No Claim. evidence satisfactory to the Agent and/or the Banks Lenders that the relevant Builder (and any other party who may have a claim pursuant to the relevant ContractContracts) has no claims against the Additional Ship Ships, the Company or the Borrower or relevant Owner Owners and that there have been no breaches of the terms of the relevant Contract Contracts or the Refund Guarantee Guarantees or any default thereunder;