Common use of Ownership of the Obligors Clause in Contracts

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 3 contracts

Samples: Debtor in Possession Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.), Credit Agreement (Eagle Bulk Shipping Inc.)

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Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned wholly owned Subsidiary of the Borrower.

Appears in 3 contracts

Samples: Subordinated Facility Agreement (Diana Shipping Inc.), Subordinated Facility Agreement (Diana Containerships Inc.), Facility Agreement (Diana Containerships Inc.)

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 2 contracts

Samples: Facility Agreement (Diana Containerships Inc.), Facility Agreement (Golden Star Resources LTD)

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 1 contract

Samples: Facility Agreement (Drdgold LTD)

Ownership of the Obligors. An Each Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned direct or indirect wholly owned Subsidiary of the Borrower.

Appears in 1 contract

Samples: Subordinated Equity Bridge Credit Facilities (Imperial Tobacco Group PLC)

Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the BorrowerBorrower save for any merger or reorganisation entered into in accordance with a Corporate Reconstruction permitted under Clause 21.7.

Appears in 1 contract

Samples: Term Facility Agreement (Luxottica Group Spa)

Ownership of the Obligors. An Obligor (other than the BorrowerBorrower and the Dutch Guarantor) is not or ceases to be a Wholly-Owned Subsidiary of the Borrower.

Appears in 1 contract

Samples: Term Facility Agreement (Affimed Therapeutics B.V.)

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Ownership of the Obligors. An Obligor (other than the Borrower) is not or ceases to be a Whollywholly-Owned owned Subsidiary of the BorrowerBorrower without the prior written consent of the Lender.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Drdgold LTD)

Ownership of the Obligors. An Obligor (other than the Original Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Original Borrower, except if pursuant to a Permitted Reorganisation.

Appears in 1 contract

Samples: Facility Agreement (Oil States International, Inc)

Ownership of the Obligors. An Obligor (other than the Original Borrower) is not or ceases to be a Wholly-Owned Subsidiary of the Original Borrower.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Misys PLC)

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