Common use of Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements Clause in Contracts

Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements. On or prior to the Initial Borrowing Date, there shall have been delivered to the Administrative Agent or its counsel true and correct copies of the following documents: (a) all agreements entered into by the Borrower or any of its Subsidiaries governing the terms and relative rights of their capital stock or membership interests and any agreements entered into by shareholders or members relating to any such entity with respect to its capital stock or membership interests (collectively, the “Shareholders’ Agreements”); (b) all agreements (other than Employment Agreements) with respect to the management of the Borrower or any of its Subsidiaries or any of the Vessels (collectively, the “Management Agreements”); (c) all agreements evidencing or relating to Indebtedness of the Borrower or any of its Subsidiaries which is to remain outstanding (other than the Credit Documents) after giving effect to the incurrence of Loans on the Initial Borrowing Date (if any) (collectively, the “Debt Agreements”); (d) all employment agreements entered into by the Borrower or any of its Subsidiaries with members of management of the Borrower or any of such Subsidiaries (collectively, the “Employment Agreements”); (e) all service agreements entered into between the Borrower and its Subsidiaries (“Service Agreement”); and (f) all tax sharing, tax allocation and other similar agreements entered into by the Borrower or any of its Subsidiaries (collectively, the “Tax Sharing Agreements”); all of which Shareholders’ Agreements, Management Agreements, Debt Agreements, Employment Agreements, Service Agreements and Tax Sharing Agreements shall be in form and substance reasonably satisfactory to the Administrative Agent and shall be in full force and effect on the Initial Borrowing Date.

Appears in 2 contracts

Samples: Credit Agreement (General Maritime Corp/), Credit Agreement (General Maritime Corp/)

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Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements. On or prior to the Initial Borrowing Effective Date, there shall have been delivered to the Administrative Agent or its counsel true and correct copies of the following documents: (a) all agreements entered into by the Borrower or any of its Subsidiaries governing the terms and relative rights of their capital stock or membership interests and any agreements entered into by shareholders or members relating to any such entity with respect to its capital stock or membership interests (collectively, the “Shareholders’ Agreements”); (b) all material agreements (other than Employment Agreements) with respect to the management of the Borrower or any of its Subsidiaries or any of the Vessels (collectively, the “Management Agreements”); (c) all agreements evidencing or relating to Indebtedness of the Borrower or any of its Subsidiaries in excess of $100,000 which is to remain outstanding (other than the Credit Documents) after giving effect to the incurrence of Loans on the Initial Borrowing Effective Date (if any) (collectively, the “Debt Agreements”); (d) all employment agreements entered into by the Borrower or any of its Subsidiaries with members of management of the Borrower or any of such Subsidiaries (collectively, the “Employment Agreements”); (e) all service agreements entered into between the Borrower and its Subsidiaries (“Service Agreement”); and (fe) all tax sharing, tax allocation and other similar agreements entered into by the Borrower or any of its Subsidiaries (collectively, the “Tax Sharing Agreements”); all . It is understood and agreed that any of which Shareholders’ Agreements, Management Agreements, Debt Agreements, Employment Agreements, Service Agreements and Tax Sharing Agreements the foregoing documents required to be delivered pursuant to this Section 5.05 shall be deemed to have been furnished to the Lenders upon being posted to the Borrower’s website at wxx.xxxxxxxxxxxxxxxxxxxxxxxxxx.xxx or to the SEC’s website at wxx.xxx.xxx utilizing the Electronic Data Gathering, Analysis and Retrieval system or at another website identified in form a notice delivered to the Lenders and substance reasonably satisfactory accessible by the Lenders without charge; provided that upon the request of the Administrative Agent, the Borrower shall promptly deliver paper copies of any such documents to the Administrative Agent and shall be in full force and effect on the Initial Borrowing DateAgent.

Appears in 1 contract

Samples: Credit Agreement (Todco)

Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements. On or prior to the Initial Borrowing Date, there shall have been delivered or otherwise made available to the Administrative Agent or its counsel true and correct copies of the following documents:documents (to the extent that such documents have been entered into): (a) all agreements entered into by the Borrower or any of its Subsidiaries governing the terms and relative rights of their capital stock or membership interests and any agreements entered into by shareholders share­holders or members relating to any such entity with respect to its capital stock or membership interests (collectively, the “Shareholders’ Agreements”); (b) all agreements (other than Employment Agreements) with respect to the management of the Borrower or any of its Subsidiaries or any of the Vessels Collateral Vessel (collectively, the “Management Agreements”); (c) all agreements evidencing or relating to Indebtedness of the Borrower or any of its Subsidiaries which is to remain outstanding (other than the Credit Documents) after giving effect to the incurrence of Loans on the Initial Borrowing Date (if any) (collectively, the “Debt Agreements”); (d) all employment agreements entered into by the Borrower or any of its Subsidiaries with members of management of the Borrower or any of such Subsidiaries (collectively, the “Employment Agreements”); (e) all service agreements entered into between the Borrower and its Subsidiaries (“Service Agreement”); and (f) all tax sharing, tax allocation and other similar agreements entered into by the Borrower or any of its Subsidiaries (collectively, the “Tax Sharing Agreements”); all of which Shareholders’ Agreements, Management Agreements, Debt Agreements, Employment Agreements, Service Agreements and Tax Sharing Agreements shall be in form and substance reasonably satisfactory to the Administrative Agent and shall be in full force and effect on the Initial Borrowing Date.

Appears in 1 contract

Samples: Credit Agreement (General Maritime Corp / MI)

Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements. On or prior to the Initial Borrowing Date, there shall have been delivered or otherwise made available to the Administrative Agent or its counsel true and correct copies of the following documents:documents (to the extent that such documents have been entered into): (a) all agreements entered into by the Borrower or any of its Subsidiaries governing the terms and relative rights of their capital stock or membership interests and any agreements entered into by shareholders share­holders or members relating to any such entity with respect to its capital stock or membership interests (collectively, the “Shareholders’ Agreements”); (b) all agreements (other than Employment Agreements) with respect to the management of the Borrower or any of its Subsidiaries or any of the Collateral Vessels (collectively, the “Management Agreements”); (c) all agreements evidencing or relating to Indebtedness of the Borrower or any of its Subsidiaries which is to remain outstanding (other than the Credit Documents) after giving effect to the incurrence of Loans on the Initial Borrowing Date (if any) (collectively, the “Debt Agreements”); (d) all employment agreements entered into by the Borrower or any of its Subsidiaries with members of management of the Borrower or any of such Subsidiaries (collectively, the “Employment Agreements”); (e) all service agreements entered into between the Borrower and its Subsidiaries (“Service Agreement”); and (f) all tax sharing, tax allocation and other similar agreements entered into by the Borrower or any of its Subsidiaries (collectively, the “Tax Sharing Agreements”); all of which Shareholders’ Agreements, Management Agreements, Debt Agreements, Employment Agreements, Service Agreements and Tax Sharing Agreements shall be in form and substance reasonably satisfactory to the Administrative Agent and shall be in full force and effect on the Initial Borrowing Date.

Appears in 1 contract

Samples: Credit Agreement (General Maritime Corp / MI)

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Shareholders’ Agreements; Management Agreements; Debt Agreements; Employment Agreements; Tax Sharing Agreements. On or prior to the Initial Borrowing Effective Date, there shall have been delivered to the Administrative Agent or its counsel true and correct copies of the following documents: (ai) all agreements entered into by the Borrower or any of its Subsidiaries governing the terms and relative rights of their capital stock or membership interests and any agreements entered into by shareholders or members relating to any such entity with respect to its capital stock or membership interests (collectively, the "Shareholders' Agreements"); (bii) all agreements (other than Employment Agreements) with respect to the management of the Borrower or any of its Subsidiaries or any of the Vessels (collectively, the "Management Agreements"); (ciii) all agreements evidencing or relating to Indebtedness of the Borrower or any of its Subsidiaries which is to remain outstanding (other than the Credit Documents) after giving effect to the incurrence of Loans on the Initial Borrowing Effective Date (if any) (collectively, the "Debt Agreements"); (div) all employment agreements entered into by the Borrower or any of its Subsidiaries with members of management of the Borrower or any of such Subsidiaries (collectively, the "Employment Agreements"); (ev) all service agreements entered into between the Borrower and its Subsidiaries ("Service Agreement”Agreements"); and (fvi) all tax sharing, tax allocation and other similar agreements entered into by the Borrower or any of its Subsidiaries (collectively, the "Tax Sharing Agreements"); all of which Shareholders' Agreements, Management Agreements, Debt Agreements, Employment Agreements, Service Agreements and Tax Sharing Agreements shall be in form and substance reasonably satisfactory to the Administrative Agent and each of the Joint Lead Arrangers and shall be in full force and effect on the Initial Borrowing Effective Date.

Appears in 1 contract

Samples: Credit Agreement (General Maritime Corp/)

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