Common use of Ownership of the Borrower Clause in Contracts

Ownership of the Borrower. The issued shares in the Borrower are legally and beneficially owned by the Pledgor and are fully paid up.

Appears in 2 contracts

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

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Ownership of the Borrower. The issued shares in the Borrower are legally and beneficially owned by the Pledgor and are fully paid upPledgor.

Appears in 2 contracts

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

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