Common use of Ownership of Borrowers Clause in Contracts

Ownership of Borrowers. all the shares in each Borrower are legally and beneficially owned and controlled by the Shareholder;

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

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Ownership of Borrowers. all the shares in each Borrower are legally and beneficially owned and controlled by the Shareholder, all of whose shares are legally and beneficially owned and controlled by the Corporate Guarantor;

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Navios Maritime Holdings Inc.

Ownership of Borrowers. all the shares in each Borrower are legally and beneficially owned and controlled by the Shareholder;

Appears in 2 contracts

Samples: Navios Maritime Partners L.P., Agreement (Navios Maritime Holdings Inc.)

Ownership of Borrowers. all the shares in each Borrower are legally and beneficially owned and controlled by the relevant Shareholder;

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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Ownership of Borrowers. all the shares in each Borrower are legally owned by the Shareholder and beneficially ultimately owned and controlled by the ShareholderCorporate Guarantor and are not held on trust for any third party;

Appears in 1 contract

Samples: Facility Agreement (Euroseas Ltd.)

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