Common use of Evidence of good standing Clause in Contracts

Evidence of good standing. The Borrowers will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties and all corporate shareholders of any Security Party remain in good standing.

Appears in 6 contracts

Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

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Evidence of good standing. The Borrowers Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties and all corporate shareholders of any Security Party remain in good standing.

Appears in 6 contracts

Samples: Secured Loan Agreement (DHT Holdings, Inc.), Third Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD), Secured Loan Agreement (Poseidon Containers Holdings Corp.)

Evidence of good standing. The Borrowers Each Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties and all corporate shareholders of any of the Security Party Parties remain in good standing.

Appears in 4 contracts

Samples: Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)

Evidence of good standing. The Borrowers Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties Borrower and all corporate shareholders each of any Security Party the Collateral Owners remain in good standing.

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Amending and Restating Agreement (Safe Bulkers, Inc.)

Evidence of good standing. The Borrowers Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties and all corporate shareholders of any of the Security Party Parties remain in good standing.

Appears in 2 contracts

Samples: Secured Term Loan Facility (DHT Holdings, Inc.), Secured Loan Agreement (Scorpio Bulkers Inc.)

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Evidence of good standing. The Borrowers will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Security Parties and all corporate shareholders of any Security Party (other than the Guarantor) remain in good standing.

Appears in 2 contracts

Samples: Secured Loan Agreement (Diana Shipping Inc.), Secured Loan Agreement (Diana Shipping Inc.)

Evidence of good standing. The Borrowers Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance reasonably satisfactory to the Agent that the Security Parties and all corporate shareholders of any Security Party remain in good standing.

Appears in 1 contract

Samples: Secured Loan Agreement (Energy Infrastructure Merger CORP)

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