A 'No Paris Club Clause' is a provision often found in loan agreements, particularly those involving Chinese lenders and sovereign borrowers. This clause prohibits the debtor nation from restructuring or renegotiating the terms of the loan with the Paris Club, a group of major creditor countries that coordinate solutions for countries facing payment difficulties. The clause aims to ensure that Chinese loans are excluded from collective restructuring efforts, potentially giving Chinese creditors preferential treatment and complicating debt resolution processes for the borrowing country.