Common use of Compliance with certain undertakings Clause in Contracts

Compliance with certain undertakings. At the date of this Agreement, the Borrower and each of the Security Parties are in compliance with Clauses 11.2 (Title; negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.5 (Information provided to be accurate), 11.9 (Consents), 11.13 (Principal place of business), 11.14 (Confirmation of no default) and 11.15 (Notification of Default).

Appears in 2 contracts

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

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Compliance with certain undertakings. At the date of this Agreement, the each Borrower and each of the Security Parties are in compliance with Clauses 11.2 (Title; negative pledge), 11.4 (No other liabilities or obligations to be incurred), 11.5 (Information provided to be accurate), 11.9 (Consents), 11.13 (Principal place of business), 11.14 (Confirmation of no default) and 11.15 (Notification of Default).

Appears in 1 contract

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

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Compliance with certain undertakings. At the date of this Agreement, the Borrower and each of and, as the Security Parties case may be, the Owners are in compliance with Clauses 11.2 (Title; Title and negative pledgePledge), 11.4 11.3(b)(i) (No other liabilities or obligations to be incurreddisposal of assets), 11.5 11.10 (Information provided to be accurateMaintenance of Security Interest), 11.9 (Consents), 11.13 (Principal place of business), 11.14 (Confirmation of no default) and 11.15 11.11 (Notification of litigation), 13.3 (Terms of obligatory insurances) 14.3 (Repair and classification) and 14.12 (Compliance with laws) and none of the events listed in Clause 19.1(f) (Events of Default)) has occurred in respect of the Borrower or any Security Party.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Acquisition Corp)

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