Ownership of Subsidiaries. Other than “director qualifying shares” and similar requirements, the Parent shall at all times directly or indirectly own 100% of the Capital Stock or other Equity Interests of the Borrower (except as permitted by Section 10.02).
Appears in 49 contracts
Samples: Credit Agreement (NCL CORP Ltd.), Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Fourth Supplemental Agreement (NCL CORP Ltd.)
Ownership of Subsidiaries. (a) Other than “director qualifying shares” and similar requirements”, the Parent shall at all times directly or indirectly own 100% of the Capital Stock capital stock or other Equity Interests equity interests of the Borrower (except as permitted by Section 10.02)and each of the Subsidiary Guarantors.
Appears in 2 contracts
Samples: Credit Agreement (General Maritime Corp / MI), Credit Agreement (General Maritime Corp / MI)
Ownership of Subsidiaries. Other than “director qualifying shares” and similar requirements, the Parent shall at all times directly or indirectly own 100% of the Capital Stock or other Equity Interests of the Borrower (except as permitted by Section 10.02) and the Charterer. EXECUTION PAGES – SEVENTH AMENDMENT AGREEMENT (HULL NO. [*] (NORWEGIAN GETAWAY).) The Borrower
Appears in 2 contracts
Samples: Secured Credit Agreement (NCL CORP Ltd.), Secured Credit Agreement (Norwegian Cruise Line Holdings Ltd.)
Ownership of Subsidiaries. (a) Other than “director qualifying shares” and similar requirements”, the Parent shall at all times directly or indirectly own 100% of the Capital Stock capital stock or other Equity Interests of the Borrower (except as permitted by Section 10.02)Subsidiary Guarantors.
Appears in 2 contracts
Samples: Credit Agreement (Oaktree Capital Management Lp), Credit Agreement (General Maritime Corp / MI)
