Corporate Guarantor definition

Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX00000;

Corporate Guarantor means Euroseas Ltd, a corporation incorporated in the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, the Xxxxxxxx Islands;

Corporate Guarantor mean Xxxxx Shipping Inc., a corporation domesticated in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH96960, The Xxxxxxxx Islands;

Examples of Corporate Guarantor in a sentence

• The Borrower shall procure that each Corporate Guarantor shall ensure that all policies relating to obligatory insurances effected by it are deposited with the approved brokers through which the insurances are effected or renewed.

• Each Corporate Guarantor (except for Corporate Guarantor B and Corporate Guarantor K) is authorised to issue 500 registered shares of no par value, all of which shares have been issued, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Borrower.

• Each of the Corporate Guarantor B and Corporate Guarantor K is authorised to issue 1000 registered shares of a par value of US$1.00 per share, all of which shares have been issued, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Borrower.

• The Borrower, if requested by the Lender, shall procure that each Corporate Guarantor provides documentation evidencing the purchase price of each Ship when acquired by the Corporate Guarantor.

• Interest accruing under Clause 18.3 (interest accrued on the Accounts) shall be credited to the relevant Account and may be released to the Borrower and the relevant Corporate Guarantor provided always that no Default has occurred that is continuing.

More Definitions of Corporate Guarantor

Corporate Guarantor means Aegean Marine Petroleum Network Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH96960 and includes its successors in title;

Corporate Guarantor means Navios Maritime Holdings Inc., a company incorporated in the Marshall Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960;

Corporate Guarantor means Xxxxxxxx Shipping Ltd. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Xxxxxxxx Xxxxxxx XX00000 and includes its successors in title;

Corporate Guarantor means Safe Bulkers, Inc. of Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH96960 and includes its successors in title;

Corporate Guarantor means Dryships Inc., a corporation incorporated in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX 00000;

Corporate Guarantor means Poseidon Containers Holdings LLC, a limited liability company formed in the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Xxxxxxxx Islands, MH96960;

Corporate Guarantor means a corporate person who is the surety in a contract of guarantee to a corporate debtor.