Common use of Ownership of the Obligors Clause in Contracts

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 3 contracts

Samples: Facility Agreement (Eagle Bulk Shipping Inc.), Possession Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned wholly owned Subsidiary of the Borrower.

Appears in 3 contracts

Samples: Agreement (Diana Shipping Inc.), Facility Agreement (Diana Containerships Inc.), Agreement (Diana Containerships Inc.)

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 2 contracts

Samples: Facility Agreement (Diana Containerships Inc.), Agreement (Golden Star Resources LTD)

Ownership of the Obligors. An Obligor (other than the BorrowerBorrower and the Dutch Guarantor) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 1 contract

Samples: Patent Security Agreement (Affimed Therapeutics B.V.)

Ownership of the Obligors. An Each Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned direct or indirect wholly owned Subsidiary of the Borrower.

Appears in 1 contract

Samples: Agreement (Imperial Tobacco Group PLC)

Ownership of the Obligors. An Obligor (other than the Original Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Original Borrower, except if pursuant to a Permitted Reorganisation.

Appears in 1 contract

Samples: Agreement (Oil States International, Inc)

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Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the BorrowerBorrower save for any merger or reorganisation entered into in accordance with a Corporate Reconstruction permitted under Clause 21.7.

Appears in 1 contract

Samples: Term Facility Agreement (Luxottica Group Spa)

Ownership of the Obligors. An Obligor (other than the Original Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Original Borrower.

Appears in 1 contract

Samples: Misys PLC

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Whollywholly-Owned owned Subsidiary of the BorrowerBorrower without the prior written consent of the Lender.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Drdgold LTD)

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