Common use of Evidence of good Clause in Contracts

Evidence of good. standing 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 Parties remain in good standing.

Appears in 2 contracts

Samples: Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (Genco Shipping & Trading LTD)

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Evidence of good. standing 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 Parties (other than of the Original Guarantor) remain in good standing.

Appears in 1 contract

Samples: Loan Agreement (Diana Containerships Inc.)

Evidence of good. standing 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 Parties (other than of the Guarantor) remain in good standing.

Appears in 1 contract

Samples: Diana Containerships Inc.

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Evidence of good. standing Each 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 Parties remain in good standing.

Appears in 1 contract

Samples: Scorpio Bulkers Inc.

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