CERTIFICATE OF NO LIENS Sample Clauses

CERTIFICATE OF NO LIENS. At the time of Closing, now scheduled for April 9, 1999, and at the time of delivery of the Vessel and from time to time as payments will be requested from amounts held in escrow by the Secretary or from drawdowns from the Credit Facility established by the Credit Agreement, the Builder agrees, on behalf of itself, or any party claiming through the Builder, to execute certificates of no liens, in form and substance satisfactory to the Secretary to the extent that the Builder has been paid for such items but with exception for any liens, claims, security interests and encumbrances which may have been placed thereon by Purchaser in favor of a third party other than the Builder or its employees, and liens for non-delinquent payments arising in the ordinary course of Builder's business which liens Builder hereby warrants will be discharged by Builder when due, with respect to the applicable Vessel, hull or component parts for which payment is requested and with respect to all work that has previously been accomplished.
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CERTIFICATE OF NO LIENS. At the time of any Closing and at the time of delivery of the Vessel and from time to time as payments will be requested from amounts held in escrow by the Secretary, the Shipyard agrees, on behalf of itself, or any party claiming through the Shipyard, to execute certificates of no liens, in form and substance reasonably satisfactory to the Secretary, with respect to the applicable Vessel, hull or component parts for which payment is requested and with respect to all work that has previously been accomplished.
CERTIFICATE OF NO LIENS. At the time of delivery of the Vessels, the Shipyard agrees, on behalf of itself, or any party claiming through the Shipyard, to execute certificates of no liens, in form and substance satisfactory to the Administrator, with respect to the applicable Vessel, hull, or component parts, and all work that has previously been accomplished.
CERTIFICATE OF NO LIENS. At the same time of the delivery of the deed, the SELLER shall deliver to the BUYER a statement from the organization of unit owners in recordable form and setting forth, in accordance with Section 6(d) of the Act, that there are no outstanding common expenses assessed against the Unit as of the closing.
CERTIFICATE OF NO LIENS. A Certificate of No Liens with respect to each Rig pursuant to ss.31323 of the Ship Mortgage Act (as hereinafter defined) evidencing that such Rig is not subject to any Lien (other than Permitted Liens).
CERTIFICATE OF NO LIENS. At the time of the Guarantee Closing and at the time of delivery of the VESSEL and from time to time as payments are requested from amounts held in escrow by the Secretary, the BUILDER agrees, on behalf of itself, or any party claiming through the BUILDER, to execute certificates of no liens, in form and substance satisfactory to the Secretary, with respect to the VESSEL, hull or component parts for which payment is requested and with respect to all work that has previously been accomplished.

Related to CERTIFICATE OF NO LIENS

  • Certificate of No Default A certificate signed by an appropriate officer of Borrower to the effect that: (A) no Event of Default or Unmatured Event of Default has occurred and is continuing or will result from the making of the first Loan; and (B) the representations and warranties of Borrower contained herein are true and correct as at the date of the first Loan as though made on that date.

  • Certificate of Non-Foreign Status In order to comply with § 1445 of the Code and the applicable Treasury Regulations thereunder, in the event of the disposition by the Company of a United States real property interest as defined in the Code and Treasury Regulations, each Member shall provide to the Company an affidavit stating, under penalties of perjury, (i) the Member’s address, (ii) United States taxpayer identification number, and (iii) that the Member is not a foreign person as that term is defined in the Code and Treasury Regulations. Failure by any Member to provide such affidavit by the date of such disposition shall authorize the Manager to withhold ten percent (10%) of each such Member’s distributive share of the amount realized by the Company on the disposition.

  • Certificate of Seller Seller shall have provided Purchaser a certificate, substantially in the form attached hereto as Exhibit C, signed by an authorized officer of Seller dated as of such date, applicable to the transactions contemplated by this Agreement, to the effect that: (a) each of Seller’s representations and warranties made in this Agreement and each other Transaction Document to which Seller is a party is true and correct in all material respects as of such date; (b) all of the terms, covenants, conditions and obligations of this Agreement and each other Transaction Document to which Seller is a party that are required to be complied with and performed by Seller at or prior to the Closing Date have been duly complied with and performed in all material respects; (c) the conditions set forth in Section 9.04 and Section 9.05 have been satisfied; and (d) as of the Closing Date, Seller has a Consolidated Tangible Net Worth of at least the sum of (x) $250,000,000 and (y) 50% of the proceeds from any issuance of equity on or after the date hereof by Seller, Nationstar Mortgage Holdings Inc. or any of Seller’s consolidated subsidiaries, and the Seller (considered together with the Seller’s consolidated subsidiaries) is not in default in any indebtedness in excess of $10,000,000 (individually or in the aggregate).

  • Certificate of Parent Company shall have received a certificate, validly executed on behalf of Parent by a Vice President for and on its behalf to the effect that, as of the Closing the conditions set forth in Section 6.3 hereof have been satisfied.

  • Certificate of Limited Partnership The General Partner has caused the Certificate of Limited Partnership to be filed with the Secretary of State of the State of Delaware as required by the Delaware Act. The General Partner shall use all reasonable efforts to cause to be filed such other certificates or documents that the General Partner determines to be necessary or appropriate for the formation, continuation, qualification and operation of a limited partnership (or a partnership in which the limited partners have limited liability) in the State of Delaware or any other state in which the Partnership may elect to do business or own property. To the extent the General Partner determines such action to be necessary or appropriate, the General Partner shall file amendments to and restatements of the Certificate of Limited Partnership and do all things to maintain the Partnership as a limited partnership (or a partnership or other entity in which the limited partners have limited liability) under the laws of the State of Delaware or of any other state in which the Partnership may elect to do business or own property. Subject to the terms of Section 3.4(a), the General Partner shall not be required, before or after filing, to deliver or mail a copy of the Certificate of Limited Partnership, any qualification document or any amendment thereto to any Limited Partner.

  • Certificate of Merger or Certificate of Conversion Upon the required approval by the General Partner and the Unitholders of a Merger Agreement or the Plan of Conversion, as the case may be, a certificate of merger or certificate of conversion or other filing, as applicable, shall be executed and filed with the Secretary of State of the State of Delaware or the appropriate filing office of any other jurisdiction, as applicable, in conformity with the requirements of the Delaware Act or other applicable law.

  • Certificate of the Company Parent shall have received certificates from the Company, validly executed by the Chief Executive Officer and Chief Financial Officer of the Company for and on the Company’s behalf, to the effect that, as of the Closing:

  • Certificate of Amendment A successor Owner Trustee appointed under this Agreement will promptly file a certificate of amendment to the Certificate of Trust with the Secretary of State of the State of Delaware identifying the name and principal place of business of the successor Owner Trustee in the State of Delaware. The successor Owner Trustee will promptly deliver a file-stamped copy of the certificate of amendment to the Administrator.

  • CERTIFICATE OF ESTOPPEL Tenant shall at any time upon not less than ten (10) days' prior written notice to Landlord execute, acknowledge and deliver to Landlord a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to Tenant's knowledge, any uncured defaults on the part of Landlord hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. Tenant's failure to deliver such statement within such time shall be conclusive upon Tenant that this Lease is in full force and effect, without modification except as may be represented by Landlord; that there are no uncured defaults in Landlord's performance, and that not more than one month's rent has been paid in advance.

  • Certificate of Officer The Acquiror Company will have delivered to the Company a certificate, dated the Closing Date, executed by an officer of the Acquiror Company, certifying the satisfaction of the conditions specified in Sections 10.1, 10.2, and 10.3 relating to the Acquiror Company.

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