Shareholdings. (a) any Owner ceases to be a wholly-owned direct Subsidiary of the Borrower; or
Appears in 3 contracts
Samples: Facility Agreement (Freeseas Inc.), Loan Agreement (FreeSeas Inc.), Agreement (FreeSeas Inc.)
Shareholdings. (a) any Owner of the Borrowers ceases at any time to be a wholly-owned direct Subsidiary of the BorrowerCorporate Guarantor; or
Appears in 2 contracts
Samples: Agreement (Diana Containerships Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)
Shareholdings. (a) any Owner a Borrower ceases to be a wholly-owned direct Subsidiary of the Borrowerrelevant Shareholder; or
Appears in 1 contract
Samples: Agreement (DryShips Inc.)
Shareholdings. (a) the Borrower ceases at any Owner ceases time to be a wholly-owned direct Subsidiary of the BorrowerShareholder; or
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
