Common use of Compliance with certain undertakings Clause in Contracts

Compliance with certain undertakings. At the date of this Agreement, the Borrower is in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.8 (Consents), and 14.10 (Compliance with laws etc).

Appears in 2 contracts

Samples: Loan Agreement (Castor Maritime Inc.), Loan Agreement (Toro Corp.)

AutoNDA by SimpleDocs

Compliance with certain undertakings. At the date of this Agreement, the each Borrower is in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.8 11.9 (Consents), ) and 14.10 11.13 (Compliance with laws etcConfirmation of no default).

Appears in 2 contracts

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

Compliance with certain undertakings. At the date of this Agreement, the Borrower is in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.8 11.9 (Consents), 11.13 (Principal place of business), 13 (Insurance), 14.3 (Repair and classification) and 14.10 (Compliance with laws etc.).

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Compliance with certain undertakings. At the date of this Agreement, the 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), 11.8 11.10 (Consents), 11.13 (Principal place of business), 12.5 (Ownership) and 14.10 12.6 (Compliance with laws etcSanctions).

Appears in 1 contract

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

Compliance with certain undertakings. At the date of this Agreement, the Borrower is Borrowers are in compliance with Clauses 11.2 (Title and Title; negative pledge; pari passu ranking), 11.3 (No disposal of assets), 11.4 (No other liabilities or obligations to be incurred), 11.8 11.9 (Consents), 11.12 (Principal place of business) and 14.10 11.13 (Compliance with laws etcConfirmation of no default).

Appears in 1 contract

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

Compliance with certain undertakings. At the date of this Agreement, 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), 11.8 11.9 (Consents), ) and 14.10 11.13 (Compliance with laws etcPrincipal place of business).

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

AutoNDA by SimpleDocs

Compliance with certain undertakings. At the date of this Agreement, the Borrower is Borrowers are in compliance with Clauses 11.2 (Title and negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.8 11.9 (Consents), 11.13 (Principal place of business), 13 (Insurance), 14.3 (Repair and classification ) and 14.10 (Compliance with laws etc).

Appears in 1 contract

Samples: Loan Agreement (Castor Maritime Inc.)

Compliance with certain undertakings. At the date of this Agreement, 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), 11.8 obligations) and 11.2 (Consents), and 14.10 (Compliance with laws etc).

Appears in 1 contract

Samples: Loan Agreement (Pangaea Logistics Solutions Ltd.)

Compliance with certain undertakings. At the date of this Agreement, the Borrower is in compliance with Clauses Clause 11.2 (Title and negative Negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.8 (Consents), and 14.10 (Compliance with laws etc).

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!