Capital Reserve. Maintain at all times a minimum Estimated Maintenance and Replacement Capital Expenditure Reserve (as defined in the Registration Statement in form F1 dated 12 November 2007 filed in respect of the Borrower under the US Securities act 1933) as the directors of the Borrower may from time to time approve or require.
Appears in 4 contracts
Samples: Facility Agreement, Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Capital Reserve. Maintain at all times a minimum Estimated Maintenance and Replacement replacement Capital Expenditure Reserve (as defined in the Registration registration Statement in form F1 dated 12 November 2007 (as amended) filed in respect of the Borrower under the US Securities act 1933) as the directors of the Borrower may from time to time approve or require.
Appears in 1 contract
Capital Reserve. Maintain maintain at all times a minimum Estimated Maintenance and Replacement Capital Expenditure Reserve (as defined in the Registration Statement in form F1 dated 12 November 2007 2011 filed in respect of the Borrower under the US Securities act 1933) as the directors of the Borrower may from time to time approve or require.
Appears in 1 contract
