Common use of Application of FATCA Clause in Contracts

Application of FATCA. The Borrower shall procure that, unless otherwise agreed by the Lender, no Security Party shall become a FATCA FFI or a US Tax Obligor.

Appears in 3 contracts

Samples: Agreement (Pangaea Logistics Solutions Ltd.), Seanergy Maritime Holdings Corp., Seanergy Maritime Holdings Corp.

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Application of FATCA. The Borrower Borrowers shall not become (and shall procure that, unless otherwise agreed by the Lender, that no Security Party shall become become) a FATCA FFI or a US Tax Obligor, without the prior written consent of the Lenders.

Appears in 2 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

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