Common use of Notification of compliance Clause in Contracts

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 (Ship Undertakings).

Appears in 6 contracts

Samples: Agreement (Okeanis Eco Tankers Corp.), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

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Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 22 (Ship Undertakings).

Appears in 5 contracts

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

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 28 (Ship Undertakings).

Appears in 3 contracts

Samples: Facilities Agreement (Ardmore Shipping Corp), And Restatement Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 24 (General Ship Undertakings).

Appears in 2 contracts

Samples: Agreement (Global Ship Lease, Inc.), Assignment Agreement (Star Bulk Carriers Corp.)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 25.1 (General Ship Undertakings).

Appears in 2 contracts

Samples: Banks and Financial Institutions (Okeanis Eco Tankers Corp.), Banks and Financial Institutions (Okeanis Eco Tankers Corp.)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 23 (Ship Undertakings).

Appears in 2 contracts

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

Notification of compliance. Each The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 24 (Ship Vessel Undertakings).

Appears in 2 contracts

Samples: Assignment Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Notification of compliance. Each Borrower The Borrowers shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 23 (Ship Undertakings).

Appears in 2 contracts

Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 25 (General Ship Undertakings).

Appears in 2 contracts

Samples: Assignment Agreement (Dorian LPG Ltd.), Assignment Agreement (Dorian LPG Ltd.)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 24 (Ship Undertakings).

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 ‎23 (Ship Undertakings).

Appears in 2 contracts

Samples: Assignment Agreement (United Maritime Corp), Assignment Agreement (Seanergy Maritime Holdings Corp.)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 23 (Ship Undertakings).

Appears in 1 contract

Samples: Junior Facility Agreement (Global Ship Lease, Inc.)

Notification of compliance. Each The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 23 (Ship Undertakings).

Appears in 1 contract

Samples: Assignment Agreement (Euroseas Ltd.)

Notification of compliance. Each Borrower Owner shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 23 (Ship Undertakings).

Appears in 1 contract

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

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Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 24 (Ship Undertakings).. SECURITY COVER

Appears in 1 contract

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

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 27 (General Ship Undertakings).

Appears in 1 contract

Samples: Assignment Agreement (Ardmore Shipping Corp)

Notification of compliance. Each The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 23 (General Ship Undertakings).

Appears in 1 contract

Samples: Facility Agreement (Okeanis Eco Tankers Corp.)

Notification of compliance. Each Borrower shall, and shall procure that each Approved Manager shall, promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requiresmay reasonably require) that it is complying with this Clause 26 24 (General Ship Undertakings).

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

Notification of compliance. Each The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 22 (Ship Undertakings).

Appears in 1 contract

Samples: Assignment Agreement (Pyxis Tankers Inc.)

Notification of compliance. Each Borrower The Borrowers shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 (Ship Undertakings).

Appears in 1 contract

Samples: Agreement (Okeanis Eco Tankers Corp.)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time upon its request with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 24 (General Ship Undertakings).. 25 Loan to value ratio

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Notification of compliance. Each Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that it is complying with this Clause 26 25 (Ship Post-Delivery Vessel Undertakings).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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