Clause 8. 11.1 shall not oblige any Finance Party to do anything, and Clause 8.11.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of: (a) any law or regulation; (b) any fiduciary duty; or (c) any duty of confidentiality.
Appears in 2 contracts
Sources: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)
Clause 8. 11.1 15.1 above shall not oblige any Finance Party to do anything, and Clause 8.11.1(c8.15.1(c) shall not oblige any other Party to do anything, which would or might in its reasonable opinion constitute a breach of:
: (a) any law or regulation;
; (b) any fiduciary duty; or
or (c) any duty of confidentiality.
Appears in 1 contract
Sources: Secured Revolving Credit Facility Agreement (Teekay Corp)