Common use of Notification of compliance Clause in Contracts

Notification of compliance. The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that the Drillship Owner is complying with this Clause 24 (Drillship Undertakings).

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Notification of compliance. The Borrower shall promptly provide the Facility Agent from time to time with evidence (in such form as the Facility Agent requires) that the each Drillship Owner is complying with this Clause 24 23 (Drillship Undertakings).

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)