Common use of No charge Clause in Contracts

No charge. The provisions of this clause 13 shall not, and shall not be construed so as to, constitute a charge or create or declare a trust by a Lender over all or any part of a sum received or recovered by it in the circumstances mentioned in clause 13.3.

Appears in 33 contracts

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

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No charge. The provisions of this clause 13 shall not, and shall not be construed so as to, constitute a charge or create or declare a trust by a the Lender over all or any part of a sum received or recovered by it in the circumstances mentioned in clause 13.3.

Appears in 4 contracts

Samples: Agreement (Box Ships Inc.), Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)

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