Common use of Maintenance of Status Clause in Contracts

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 41 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Capital Product Partners L.P.)

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Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 19 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Omega Navigation Enterprises, Inc.), Agreement (Star Bulk Carriers Corp.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 19 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition CORP)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 12 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (TBS International PLC), Agreement (TBS International LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the The Xxxxxxxx Islands.

Appears in 6 contracts

Samples: Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement, Loan Agreement (Navios Maritime Partners L.P.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 6 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Loan Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Republic of the Mxxxxxxx Islands.

Appears in 3 contracts

Samples: Agreement (Star Bulk Carriers Corp.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (B Plus H Ocean Carriers LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Loan Agreement (Pyxis Tankers Inc.)

Maintenance of Status. The Each Borrower will shall maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 2 contracts

Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence as a corporation and remain in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 2 contracts

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

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of the Xxxxxxxx IslandsIslands and shall not change its registered name.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of Xxxxxxxx Islands.

Appears in 1 contract

Samples: Agreement (Navios Maritime Containers Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence as a company and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Capital Product Partners L.P.)

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Maintenance of Status. The the Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Republic of the Mxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

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

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Maintenance of Status. The Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx Islandsislands.

Appears in 1 contract

Samples: Agreement (Star Bulk Carriers Corp.)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Alma Maritime LTD)

Maintenance of Status. The Each Borrower will maintain its separate corporate existence and remain in good standing under the laws of the Xxxxxxxx IslandsMaxxxxxx Xslands.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

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