Information: miscellaneous. Each Borrower shall supply to the Agent (in sufficient copies for all the Finance Parties, if the Agent so requests): (a) all documents dispatched by that Borrower to its shareholders (or any class of them) or its creditors generally at the same time as they are despatched; (b) promptly upon becoming aware of them, details of any litigation, arbitration or administrative proceedings which are current, threatened or pending against that Borrower or which are current, threatened or pending against any other member of the Group or any other Obligor, and which might, if adversely determined, have a Material Adverse Effect; (c) promptly, such further information regarding the financial condition, business and operations of each Obligor as any Finance Party (through the Agent) may reasonably request; (d) promptly, such further information regarding the Charged Assets as any Finance Party (through the Agent) may reasonably request; (e) promptly, any notice being received from any competent authority amending, terminating or suspending or threatening to amend, terminate or suspend any Authorisation where such action (or implementing the result thereof) constitutes a Material Adverse Effect; and (f) promptly, upon becoming aware of them, details of any circumstances which may lead to: (i) any Authorisation not being obtained or effected or not remaining in full force and effect (other than in accordance with its terms); or (ii) any Authorisation not being obtained, renewed or effected when required, where failure to obtain and/or maintain the same constitutes a Material Adverse Effect.
Appears in 4 contracts
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)
Information: miscellaneous. Each Borrower The Charterers shall supply to the Agent (in sufficient copies for all the Finance Parties, if the Agent so requests):
Owners: (a) all documents dispatched by that Borrower any Obligor to its shareholders (or any class of them) or its creditors generally at the same time as they are despatched;
; (b) promptly upon becoming aware of them, the details of any litigation, arbitration or administrative proceedings which are current, threatened or pending against that Borrower or which are currentany Obligor, threatened or pending against any other member of the Group or any the Vessel with a claim amount of more than United States Dollars One Million Five Hundred Thousand (US$1,500,000) (or its equivalent in other Obligor, and currencies) or which might, if adversely determined, have a Material Adverse Effect;
; (c) promptly, such further information regarding the financial condition, business and operations of each the Vessel, any Obligor or any other member of the Group (including copies of class, technical and other certificates relating to the Vessel) as any Finance Party (through the Agent) Owners may reasonably request;
request (provided that, in respect of any information referred to this sub-paragraph (c) regarding any member of the Group that is not an Obligor, before the occurrence of a Termination Event that is continuing, the Owners may only request such information for the purpose of determining whether a Termination Event has occurred and is continuing); and (d) promptly, such further information regarding the Charged Assets as any Finance Party (through the Agent) may reasonably request;
(e) promptly, any notice being received from any competent authority amending, terminating or suspending or threatening to amend, terminate or suspend any Authorisation where such action (or implementing the result thereof) constitutes a Material Adverse Effect; and
(f) promptly, upon becoming aware of them, details of any circumstances which may lead to:
(i) change in authorised signatories of any Authorisation not being obtained Obligor signed by a director or effected or not remaining in full force and effect (other than in accordance with its terms); or
(ii) company secretary of such Obligor accompanied by specimen signatures of any Authorisation not being obtained, renewed or effected when required, where failure to obtain and/or maintain the same constitutes a Material Adverse Effectnew authorised signatories.
Appears in 4 contracts
Samples: Bareboat Charter (DryShips Inc.), Bareboat Charter (DryShips Inc.), Bareboat Charter (DryShips Inc.)
Information: miscellaneous. Each Borrower shall The Company must supply to the Agent (Facility Agent, in sufficient copies for all the Finance Parties, Lenders if the Facility Agent so requests)::
(a) all documents dispatched by that Borrower to its shareholders (or any class of them) or its creditors generally at the same time as they are despatched, copies of all material documents despatched by the Company and by any member of the Restricted Group to its creditors generally or any class of them;
(b) promptly upon becoming aware of them, details of any litigation, arbitration or administrative proceedings against any member of the Restricted Group which are current, threatened or pending against that Borrower or which are current, threatened or pending against any other member of the Group or any other Obligor, and which might, if adversely determined, have or would reasonably be expected to have a Material Adverse Effect;
(c) promptlypromptly upon becoming aware of them, details of any authorisations as referred to in Subclause 19.2 (Authorisations) obtained or effected being amended, renewed or otherwise modified, or any authorisations not being obtained or effected when required or ceasing to be in effect;
(d) promptly on request, a list of the then current Non-Recourse Subsidiaries and Dormant Subsidiaries;
(e) promptly on request, such further information regarding the financial condition, business and operations of each Obligor any member of the Group as any Finance Party (through the Agent) Facility Agent may reasonably request;
(d) promptly, such further information regarding the Charged Assets as any Finance Party (through the Agent) may reasonably request;
(e) promptly, any notice being received from any competent authority amending, terminating or suspending or threatening to amend, terminate or suspend any Authorisation where such action (or implementing the result thereof) constitutes a Material Adverse Effect; and
(f) promptly, upon becoming aware of them, details notice of any circumstances which may lead to:
(i) change in authorised signatories of any Authorisation not being obtained Obligor signed by a director or effected or not remaining in full force and effect (other than in accordance with its terms); or
(ii) company secretary of such Obligor accompanied by specimen signatures of any Authorisation not being obtained, renewed or effected when required, where failure to obtain and/or maintain the same constitutes a Material Adverse Effectnew authorised signatories.
Appears in 1 contract
Information: miscellaneous. Each The Borrower shall supply to the Agent (in sufficient copies for all the Finance Parties, if the Agent so requests):Lender:
(a) evidence of its status as an exporter under Brazilian regulations and provide access to export registrations and all relevant documentation regarding exports of Goods, whenever available;
(b) any information relating to any direct or indirect changes in the ownership or shareholding of any Obligor (other than the Guarantor);
(c) all documents dispatched by that Borrower the Guarantor to its shareholders (or any class of them) generally or its despatched by any Obligor to the creditors generally (where any such creditors are owed more than [Redacted – commercially sensitive information]) of the Obligors generally at the same time as they are despatcheddispatched;
(bd) promptly upon becoming aware of them, the details of any litigation, arbitration or administrative proceedings which are current, threatened or pending against that Borrower or which are current, threatened in writing or pending against any other member of the Group or any other ObligorGroup, and which might, if adversely determined, have a Material Adverse Effect;
(ce) promptly upon becoming aware of them, the details of any judgment or order of a court, arbitral body or agency which is made against any member of the Group and which might have a Material Adverse Effect;
(f) promptly, such information as the Lender may reasonably require by giving not less than five (5) Business Days’ prior notice, about the Finance Documents, the Security Property and compliance of the Obligors with the terms of any Transaction Security Documents;
(g) promptly, such further information regarding the financial condition, business and operations of each Obligor any member of the Group relating to the Project as any Finance Party (through the Agent) Lender may reasonably request;
(d) promptly, such further information regarding the Charged Assets as any Finance Party (through the Agent) may reasonably request;
(e) promptly, any notice being received from any competent authority amending, terminating or suspending or threatening to amend, terminate or suspend any Authorisation where such action (or implementing the result thereof) constitutes a Material Adverse Effect; and
(fh) promptly, promptly upon becoming aware of them, details of any circumstances labour dispute which may lead to:
(i) any Authorisation not being obtained is current or effected or not remaining threatened in full force relation to Group member and effect (other than in accordance with its terms); or
(ii) any Authorisation not being obtained, renewed or effected when required, where failure to obtain and/or maintain the same constitutes which might have a Material Adverse Effect.
Appears in 1 contract
Samples: Pre Export Financing Agreement (Sigma Lithium Corp)