Corporate Guarantor definition

Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

Corporate Guarantor means Euroseas Ltd, a corporation incorporated in the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, the Xxxxxxxx Islands;

Corporate Guarantor mean Xxxxx Shipping Inc., a corporation domesticated in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH96960, The Xxxxxxxx Islands;

Examples of Corporate Guarantor in a sentence

• The Corporate Guarantor hereby confirms its approval of the contents of this Agreement, and confirms and agrees that its obligations under the Security Documents to which it is a party shall continue to be in full force and effect and shall extend to cover all sums from time to time owing by the Borrowers under the Loan Agreement as supplemented by this Agreement and the other Security Documents.

• Borrower and the Corporate Guarantor shall take any and all actions necessary to ensure that the Corporate Guarantor remains a publicly traded company listed on the NASDAQ Exchange.

• Borrower and the Corporate Guarantor shall maintain a Debt Service Coverage Ratio of not less than 1.40X at all times throughout the term of the Loan, to be tested annually utilizing global cash flow analysis.

• Borrower and the Corporate Guarantor shall at all times maintain an aggregate tangible net worth of not less than $25,000,000.00.

• The Corporate Guarantor shall at all times during the term of the Loan remain a publicly traded company.

More Definitions of Corporate Guarantor

Corporate Guarantor means Aegean Marine Petroleum Network Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH96960 and includes its successors in title;

Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Marshall Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960;

Corporate Guarantor means Safe Bulkers, Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH96960 and includes its successors in title;

Corporate Guarantor means Dryships Inc., a corporation incorporated in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX 00000;

Corporate Guarantor means Xxxxxxxx Shipping Ltd. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Xxxxxxxx Xxxxxxx XX00000 and includes its successors in title;

Corporate Guarantor means Poseidon Containers Holdings LLC, a limited liability company formed in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Xxxxxxxx Islands, MH96960;

Corporate Guarantor means a corporate person who is the surety in a contract of guarantee to a corporate debtor.