No money laundering. The Borrower is acting for its own account and the borrowing of the Facility and the performance and discharge of the Borrower’s obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement will not involve or lead to contravention of any law, official, requirement or other regulatory measure or procedure implemented to combat “money laundering” as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent Jurisdiction.
Appears in 2 contracts
Samples: Facility Agreement (Gala Properties Inc.), Loan Agreement (Diana Shipping Inc.)
No money laundering. The in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under this Agreement and the transactions and other arrangements effected or contemplated by this Agreement, the Borrower is acting for its own account and that the borrowing of the Facility and the performance and discharge of the Borrower’s obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement foregoing will not involve or lead to contravention of any law, official, requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunities).
Appears in 2 contracts
Samples: Facilities Agreement (Aries Maritime Transport LTD), Facilities Agreement (Omega Navigation Enterprises, Inc.)
No money laundering. The Borrower is acting for its own account and in relation to the borrowing by the Borrowers of the Facility and Loan, the performance and discharge of the Borrower’s its obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party transactions and other arrangements effected or contemplated by this Agreement Agreement, each of the Borrowers is acting for its own account and that the foregoing will not involve or lead to contravention of any law, official, requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent Jurisdiction.Communities); and
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
No money laundering. The in relation to the borrowing by the Borrower of the Facility, the performance and discharge of its obligations and liabilities under this Agreement and the transactions and other arrangements effected or contemplated by this Agreement, the Borrower is acting for its own account and that the borrowing of the Facility and the performance and discharge of the Borrower’s obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement foregoing will not involve or lead to contravention of any law, official, requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunities).
Appears in 1 contract
No money laundering. The Borrower It is acting for its own account and the borrowing of the Facility by the Borrower and the performance and discharge of the Borrowereach Obligor’s obligations and liabilities under this Agreement, the Master Agreement Agreements and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement will not involve or lead to contravention of any law, official, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive Directives (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunity).
Appears in 1 contract
No money laundering. The Borrower It is acting for its own account and the borrowing of the Facility Facilities by the Borrower and the performance and discharge of the Borrowereach Obligor’s obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement will not involve or lead to contravention of any law, official, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive Directives (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunity).
Appears in 1 contract
Samples: Possession Credit Agreement (Eagle Bulk Shipping Inc.)
No money laundering. The Borrower and each New Owner is acting for its own account and the borrowing of the Facility Loan and the performance and discharge of the Borrower’s its obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement will not involve or lead to contravention of any law, official, requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunity).
Appears in 1 contract
No money laundering. The in relation to the borrowing by the Borrower of the Loan, the performance and discharge of its obligations and liabilities under this Agreement and the transactions and other arrangements effected or contemplated by this Agreement, the Borrower is acting for its own account and that the borrowing of the Facility and the performance and discharge of the Borrower’s obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party and other arrangements effected or contemplated by this Agreement foregoing will not involve or lead to contravention of any law, official, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/3082005/60/EEC) EC of the European Parliament and of the Council of the European Community or any Pertinent Jurisdiction.Union of 26 October 2005);
Appears in 1 contract
No money laundering. The Borrower is acting for its own account and in relation to the borrowing by the Borrower of the Facility and Loan, the performance and discharge of the Borrower’s its obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party transactions and other arrangements effected or contemplated by this Agreement Agreement, the Borrower is acting for its own accounts and that the foregoing will not involve or lead to contravention of any law, official, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunities).
Appears in 1 contract
No money laundering. The Borrower is acting for its own account and in relation to the borrowing by the Borrowers of the Facility and Loan, the performance and discharge of the Borrower’s their obligations and liabilities under this Agreement, the Master Agreement and the other Finance Documents to which it is a party transactions and other arrangements effected or contemplated by this Agreement Agreement, the Borrowers are acting for their own accounts and that the foregoing will not involve or lead to contravention of any law, official, official requirement or other regulatory measure or procedure implemented to combat “money laundering” (as defined in Article 1 of the Directive (91/308/EEC) of the Council of the European Community or any Pertinent JurisdictionCommunities).
Appears in 1 contract
Samples: Agreement (Top Tankers Inc.)