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: Guarantee (EuroDry Ltd.), Guarantee (Seanergy Maritime Holdings Corp.), Guarantee (EuroDry Ltd.)

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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: Guarantee (Seanergy Maritime Holdings Corp.), Guarantee and Negative Pledge (DryShips Inc.), Guarantee (EuroDry Ltd.)

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: Guarantee (United Maritime Corp), Guarantee (United Maritime Corp), Guarantee (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: Guarantee (Box Ships Inc.), Guarantee (Box Ships Inc.), Guarantee (Box Ships Inc.)

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: Guarantee (DryShips Inc.), Corporate Guarantee (DryShips Inc.)

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

Appears in 2 contracts

Samples: Amending and Restating Deed (Global Ship Lease, Inc.), Second Amending and Restating Deed (Global Ship Lease, 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: Guarantee (Pyxis Tankers Inc.)

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