Common use of Compliance with certain undertakings Clause in Contracts

Compliance with certain undertakings. At the date of this Agreement, each Borrower is in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.9 (Consents) and 11.13 (Confirmation of no default).

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

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Compliance with certain undertakings. At the date of this Agreement, each the Borrower is in compliance with Clauses 11.2 (Title and negative pledgeTitle; Negative Pledge), 11.4 (No other liabilities or obligations to be incurred), 11.9 (Consents) and 11.13 (Confirmation Principal place of no defaultbusiness).

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Compliance with certain undertakings. At the date of this Agreement, each Borrower is in compliance with Clauses 11.2 (Title and Title; negative pledge), 11.3 (No disposal of assets), 11.4 (No other liabilities or obligations to be incurred), 11.9 11.10 (Consents), 11.13 (Principal place of business), 12.5 (Ownership) and 11.13 12.6 (Confirmation of no defaultSanctions).

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Compliance with certain undertakings. At the date of this Agreement, each the Borrower is in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.9 (Consents), 11.13 (Principal place of business), 13 (Insurance), 14.3 (Repair and classification) and 11.13 14.10 (Confirmation of no defaultCompliance with laws etc.).

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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Compliance with certain undertakings. At the date of this Agreement, each the Borrower is in compliance with Clauses 11.2 8.2(a) (Title and negative Negative pledge), 11.4 8.2(g) (No other liabilities or obligations to be incurred), 11.9 (Consentsobligations) and 11.13 11.2 (Confirmation of no default).

Appears in 1 contract

Samples: Agreement (Pangaea Logistics Solutions Ltd.)

Compliance with certain undertakings. At the date of this Agreement, each Borrower is the Borrowers are in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.9 (Consents), 11.13 (Principal place of business), 13 (Insurance), 14.3 (Repair and classification ) and 11.13 14.10 (Confirmation of no defaultCompliance with laws etc).

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

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