Shareholdings. the Borrower is a wholly-owned direct Subsidiary of the Guarantor and no less than 75% of all the issued share capital of the Guarantor are ultimately beneficially owned by the Hadjioannou Family.
Appears in 4 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)
Shareholdings. the Borrower is a wholly-owned direct Subsidiary of the Guarantor and as of the date of this Guarantee no less than 75% of all the issued share capital of the Guarantor are ultimately beneficially owned by the Hadjioannou Family.
Appears in 4 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Supplemental Agreement (Safe Bulkers, Inc.)
Shareholdings. the Borrower is a wholly-owned direct Subsidiary of the Corporate Guarantor and no less than 75% of all the issued share capital of the Corporate Guarantor are ultimately beneficially owned (whether directly or indirectly) by the Hadjioannou Family.; and”;
Appears in 4 contracts
Samples: Supplemental Agreement (Safe Bulkers, Inc.), Supplemental Agreement (Safe Bulkers, Inc.), Supplemental Agreement (Safe Bulkers, Inc.)
