Common use of Status Clause in Contracts

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Islands.

Appears in 35 contracts

Samples: Loan Agreement (Box Ships Inc.), Agreement (DryShips Inc.), Loan Agreement (Paragon Shipping Inc.)

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Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 10 contracts

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

Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Islands.

Appears in 9 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 7 contracts

Samples: Loan Agreement (Navios Maritime Containers Inc.), Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Status. The Each Borrower is duly incorporated and incorporated, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 6 contracts

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

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 6 contracts

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

Status. The Borrower is duly incorporated and incorporated, validly existing and in good standing under the laws of the Republic of the Xxxxxxxx Islands.

Appears in 4 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition Corp)

Status. The Each Borrower is duly incorporated and incorporated, validly existing and in good standing under the laws of the The Xxxxxxxx Islands.

Appears in 3 contracts

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

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Republic of the Mxxxxxxx Islands.

Appears in 2 contracts

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

Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Republic of Xxxxxxxx Islands.;

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.)

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Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Islands.

Appears in 1 contract

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

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Status. The Each Borrower is duly incorporated and incorporated, validly existing and in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Republic of The Xxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Alma Maritime LTD)

Status. The Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx The Mxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Status. The Each Borrower is duly incorporated and validly existing and in good standing under the laws of the Xxxxxxxx Mxxxxxxx Islands.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

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