Maintenance of Ownership. Unless the Borrower receive the prior written consent of the Lender to transfer or assign its capital stock, one hundred percent (100%) of the capital stock of the Borrower shall continue to be owned directly or indirectly by the Controlling Shareholders.
Appears in 3 contracts
Samples: Loan Facility Agreement (Navios South American Logistics Inc.), Agreement (Navios South American Logistics Inc.), Agreement (Navios South American Logistics Inc.)
Maintenance of Ownership. Unless the Borrower receive receives the prior written consent of the Lender Lender, to transfer or assign its the capital stockstock of the Borrower, one hundred percent (100%) of the capital stock of the Borrower shall continue to be owned directly or indirectly by the Controlling ShareholdersShareholder.
Appears in 2 contracts
