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
Sources: Corporate Guarantee (Safe Bulkers, Inc.), Corporate Guarantee (Safe Bulkers, Inc.), Corporate Guarantee (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
Sources: Supplemental Agreement (Safe Bulkers, Inc.), Corporate Guarantee (Safe Bulkers, Inc.), Corporate Guarantee (Safe Bulkers, Inc.)