Common use of Maintenance of Status Clause in Contracts

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 41 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

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Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 19 contracts

Samples: Loan Agreement (EuroDry Ltd.), Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 19 contracts

Samples: Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Castor Maritime Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 12 contracts

Samples: Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the The Xxxxxxxx Islands.

Appears in 7 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 6 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Star Bulk Carriers Corp.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Republic of the Mxxxxxxx Islands.

Appears in 3 contracts

Samples: Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (B Plus H Ocean Carriers LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence as a corporation and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Partners L.P.)

Maintenance of Status. The Each Borrower will shall maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 2 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 2 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (DryShips Inc.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx IslandsIslands and shall not change its registered name.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Partners L.P.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islandsislands.

Appears in 1 contract

Samples: Agreement (Star Bulk Carriers Corp.)

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Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of Xxxxxxxx Islands.

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Republic of the Mxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx IslandsMaxxxxxx Xslands.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Maintenance of Status. The the Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence as a company and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Alma Maritime LTD)

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