Common use of Evidence of good standing Clause in Contracts

Evidence of good standing. The 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: Loan Agreement (DHT Holdings, Inc.), Third Supplemental Agreement (Genco Shipping & Trading LTD), Loan Agreement (Baltic Trading LTD)

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Evidence of good standing. The Borrower 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: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)

Evidence of good standing. The 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: Fifth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)

Evidence of good standing. The 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.), Loan Agreement (Safe Bulkers, Inc.)

Evidence of good standing. The Borrower 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: Loan Agreement (Diana Shipping Inc.), Diana Shipping Inc.

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Evidence of good standing. The 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: Amending and Restating Agreement (DHT Holdings, Inc.), Loan Agreement (Scorpio Bulkers Inc.)

Evidence of good standing. The 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: Loan Agreement (Energy Infrastructure Merger CORP)

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