Nordic Bulk definition
Examples of Nordic Bulk in a sentence
All of the Equity Interests of Nordic Bulk Holding have been validly issued, are fully paid, non-assessable and free and clear of all Security Interests and are owned of record by Bulk Fleet, ST Shipping and ASO 2020.
A Loan will be allocated to each of the Vessels and borrowed by each of the Borrowers as follows: m.v. Nordic Bothnia USD 6,500,000 Nordic Bulk Bothnia Ltd.
STST and BFB each own fifty percent (50%) percent of the issued and outstanding shares of Nordic Bulk Ventures Holding Company Ltd., a company limited by shares that was duly formed and is validly existing pursuant to the laws of Bermuda (the "Company").
Within thirty (30) days after the date of this Agreement, the Borrowers shall cause Nordic Bulk Holding to deliver to the Lender (a) evidence that Stock Pledge Agreement and the charge over the Pledged Shares has been duly registered with the Registrar of Companies in Bermuda, and (b) an opinion of the Borrowers’ Bermuda counsel confirming the placing of such charge and the enforceability thereof against Nordic Bulk Holding.
Without prejudice to the use any other service permitted by law (i) each of the Obligors hereby irrevocably appoints Nordic Bulk Carriers A/S, having its registered office at Tuborg Havnevej 4.
It is a condition for the Facility that the Vessels will be on time charter to Nordic Bulk Carrier A/S for the full term of the Facility at a rate acceptable to the Lenders and with a profit split of at least 50/50 in favour of the Borrowers.
Name: Name: Capacity: Capacity: As Borrower, Nordic Bulk Barents Ltd.
STST, BFB and ASO 2020 each own thirty-three and one-third percent (33.33%) of the issued and outstanding shares of Nordic Bulk Holding Company Ltd., a company limited by shares that was duly formed and is validly existing pursuant to the laws of Bermuda (the "Company").
Ltd., of 1 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, #▇▇-▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (the “Lender”) Nordic Bulk Holding Company Ltd., of 3▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇, 14 Par La Ville Road, H▇▇▇▇▇▇▇, Bermuda (the “Borrower”).
G.2 During an FM period, Nordic Bulk, at its option, may purchase goods from other sources the volumes of which shall be deducted from any obligations hereunder.