Common use of Maintenance of Status Clause in Contracts

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

Appears in 6 contracts

Samples: Master Agreement (EuroDry Ltd.), EuroDry Ltd., Seanergy Maritime Holdings Corp.

AutoNDA by SimpleDocs

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

Appears in 5 contracts

Samples: Loan Agreement (EuroDry Ltd.), Seanergy Maritime Holdings Corp., DryShips Inc.

Maintenance of Status. The Guarantor 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 3 contracts

Samples: United Maritime Corp, United Maritime Corp, United Maritime Corp

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

Appears in 3 contracts

Samples: Box Ships Inc., Box Ships Inc., Box Ships Inc.

AutoNDA by SimpleDocs

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

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Pyxis Tankers Inc.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!