Common use of Change in Ownership or Control Clause in Contracts

Change in Ownership or Control. of the Borrower There is any change in the beneficial ownership or control of the Borrower from that advised to the Agent by the Borrower at the Signing Date.

Appears in 2 contracts

Samples: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD)

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Change in Ownership or Control. of the Borrower There is any change in the beneficial ownership or control of the Borrower from that advised to the Agent Lender by the Borrower at the Signing Datedate of this Agreement.

Appears in 2 contracts

Samples: Secured Loan Agreement (Top Ships Inc.), Secured Loan Agreement (Top Ships Inc.)

Change in Ownership or Control. of the a Borrower There is any change in the beneficial ownership or control of the a Borrower from that advised to the Agent by the Borrower Borrowers at the Signing Datedate of this Agreement.

Appears in 1 contract

Samples: Secured Loan Agreement (NewLead Holdings Ltd.)

Change in Ownership or Control. of the Borrower or the Managers There is any change in the beneficial ownership or control of the Borrower or the Managers from that advised to the Agent Lender by the Borrower at the Signing Datedate of this Agreement.

Appears in 1 contract

Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)

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Change in Ownership or Control. of the a Borrower There is any change in the beneficial ownership or control of the a Borrower from that advised to the Agent by the that Borrower at the Signing Datedate of this Agreement (namely, being 100% directly or indirectly owned and controlled by the Guarantor).

Appears in 1 contract

Samples: Secured Loan Agreement (DHT Holdings, Inc.)

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