Common use of Ownership of Charterer Clause in Contracts

Ownership of Charterer. The Guarantor is the sole owner of all of the equity interests of General Maritime Subsidiary NSF Corporation and General Maritime Subsidiary NSF Corporation is the sole owner of all of the equity interests of the Charterer.

Ownership of Charterer. The Guarantor is shall at all times during the validity of this Guarantee be the sole owner of all of the equity interests of General Maritime Subsidiary NSF Corporation and General Maritime Subsidiary NSF Corporation is shall at all times during the validity of this Guarantee be the sole owner of all of the equity interests of the Charterer.