Common use of Parent Company Clause in Contracts

Parent Company. any Owner ceases to be a wholly-owned subsidiary of the Borrower; or

Appears in 2 contracts

Sources: Supplemental Agreement (Top Ships Inc.), Facilities Agreement (Top Tankers Inc.)

Parent Company. any Owner Borrower ceases to be a wholly-owned subsidiary of the BorrowerCorporate Guarantor; or

Appears in 1 contract

Sources: Loan Agreement (Top Tankers Inc.)