Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each Borrower is owned, directly or through other companies, by the Corporate Guarantor;
Appears in 4 contracts
Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Acquisition CORP)
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each Borrower is ownedowned and controlled, directly or through other companies, by the Corporate Guarantor;
Appears in 2 contracts
Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Holdings Inc.)
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each the Borrower is owned, directly or through other companies, by the Corporate Guarantor;
Appears in 1 contract
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction its country of incorporation and ensure that each Borrower is ownedowned and controlled, directly or through other companies, by the Corporate Guarantor;
Appears in 1 contract
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each Borrower is owned, directly or through other companies, by the Corporate Guarantor;
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Acquisition CORP)
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each Borrower Guarantor is owned, directly or through other companies, by the Corporate GuarantorBorrower;
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Midstream Partners LP)
Corporate Existence/Ownership. ensure that each Security Party maintains its corporate existence as a body corporate duly organised and validly existing and in good standing under the laws of the Pertinent Jurisdiction and ensure that each Borrower is owned, directly or through other companies, by the Corporate GuarantorNMAC;
Appears in 1 contract
Samples: Facility Agreement (Navios Maritime Acquisition CORP)
