Common use of Promptly upon a request by the Facility Agent, each Borrower Clause in Contracts

Promptly upon a request by the Facility Agent, each Borrower. shall supply to the Facility Agent a certificate signed by an officer on its behalf certifying that no Default is continuing (or if a Default is continuing, specifying the Default and the steps, if any, being taken to remedy it).

Appears in 5 contracts

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

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Promptly upon a request by the Facility Agent, each Borrower. shall supply to the Facility Agent a certificate signed by an officer two of its directors or senior officers on its behalf certifying that no Default is continuing (or if a Default is continuing, specifying the Default and the steps, if any, being taken to remedy it).

Appears in 4 contracts

Samples: Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Star Bulk Carriers Corp.)

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Promptly upon a request by the Facility Agent, each Borrower. shall supply to the Facility Agent a certificate signed by an officer its manager on its behalf certifying that no Default is continuing (or if a Default is continuing, specifying the Default and the steps, if any, being taken to remedy it).

Appears in 1 contract

Samples: Term Loan Facility Agreement (Castor Maritime Inc.)

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