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: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (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.), Term Loan Facility (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: Loan Agreement (Ardmore Shipping Corp), Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

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: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (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 24 (Ship Vessel Undertakings).

Appears in 2 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. 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 25.1 (General Ship Undertakings).

Appears in 2 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Facility Agreement (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) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 24 (Ship Undertakings).

Appears in 2 contracts

Samples: Term Loan Facility (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) that it is complying with this Clause 26 25 (General Ship Undertakings).

Appears in 2 contracts

Samples: Term Loan Facility (Dorian LPG Ltd.), Term Loan Facility (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) that it is complying with this Clause 26 24 (General Ship Undertakings).

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Term Loan Facility (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 23 (Ship Undertakings).

Appears in 2 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Term Loan Facility (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) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 ‎23 (Ship Undertakings).

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Term Loan Facility (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: Term Loan Facility (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 (General Ship Undertakings).

Appears in 1 contract

Samples: Term Loan Facility (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 24 (Ship Undertakings).

Appears in 1 contract

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

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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 25 (Ship Post-Delivery Vessel Undertakings).

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings 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: Term Loan Facility (Okeanis Eco Tankers Corp.)

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: Term Loan Facility (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: Facility Agreement (Euroseas Ltd.)

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 each Drillship Owner is complying with this Clause 26 23 (Ship Drillship Undertakings).

Appears in 1 contract

Samples: Term Loan Agreement (Ocean Rig UDW 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 the Drillship Owner is complying with this Clause 26 24 (Ship Drillship Undertakings).

Appears in 1 contract

Samples: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

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: Term Loan Facility Agreement (Castor Maritime Inc.)

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: Term Loan Facility (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) (acting on the instructions of the Majority Lenders) that it is complying with this Clause 26 22 (Ship Undertakings).

Appears in 1 contract

Samples: Term Loan Facility (Pyxis Tankers Inc.)

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