Evidence of good standing. The Borrower will from time to time if requested by the Lender provide the Lender with evidence in form and substance satisfactory to the Lender that the Security Parties and all corporate shareholders of any Security Party remain in good standing.
Appears in 11 contracts
Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Paragon Shipping Inc.), Agreement (Safe Bulkers, Inc.)
Evidence of good standing. The Borrower Borrowers will from time to time if requested by the Lender provide the Lender with evidence in form and substance satisfactory to the Lender that the Security Parties and all corporate shareholders of any Security Party remain in good standing.
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
Evidence of good standing. The Borrower Borrowers will from time to time if requested by the Lender provide the Lender with evidence in form and substance satisfactory to the Lender that the Security Parties (other than the Guarantor for as long as it remains listed) and all corporate shareholders of any Security Party (other than the Guarantor for as long as it remains listed) remain in good standing.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
Evidence of good standing. The Borrower will from time to time if requested by the Lender provide the Lender with evidence in form and substance satisfactory to the Lender that the Security Parties Obligors and all corporate shareholders of any Security Party of the Obligors (other than in respect of the Guarantor’s corporate shareholders) remain in good standing.
Appears in 1 contract
Samples: EuroDry Ltd.