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 Republic of Liberia.

Appears in 8 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Amending and Restating Agreement

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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 Liberia.

Appears in 6 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Seanergy Maritime Holdings Corp.)

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 Republic of Liberia.

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 LiberiaLiberia or the Republic of the Xxxxxxxx Islands, as the case may be.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

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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 Liberia.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

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