Parent Company. any Owner ceases to be a wholly-owned Subsidiary of the Borrower or the Borrower (without the prior written consent of the Agent) ceases to be a listed company on NASDAQ and/or the main board of the SGX-ST; or
Appears in 2 contracts
Samples: Agreement (Omega Navigation Enterprises, Inc.), Facilities Agreement (Omega Navigation Enterprises, Inc.)
Parent Company. any Owner ceases to be a wholly-owned Subsidiary of the Borrower or and/or the Borrower (without the prior written consent of the AgentBanks) ceases to be a listed company on NASDAQ or other stock exchange acceptable to the Arrangers in their sole discretion and/or the main board beneficial shareholding of each of Xxxxxxx Xxxxxxxx and Mans Xxxxx in the Borrower falls below 10% of the SGX-STissued shares in the capital of the Borrower; or
Appears in 1 contract
Parent Company. any Owner ceases to be a wholly-owned Subsidiary of the Borrower or the Borrower (without the prior written consent of the AgentBanks) ceases to be a listed company on NASDAQ and/or or the main board beneficial shareholding of each of Xxxxxxx Xxxxxxxx and Mons Xxxxx in the Borrower falls below 10% of the SGX-STissued shares in the capital of the Borrower; or
Appears in 1 contract
Samples: Facilities Agreement (Aries Maritime Transport LTD)
