Common use of Ownership of the Obligors Clause in Contracts

Ownership of the Obligors. Each of the Owners and the Borrower is a wholly, legally and beneficially owned direct or indirect Subsidiary of the Parent.

Appears in 4 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Supplemental Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.)

AutoNDA by SimpleDocs

Ownership of the Obligors. Each of the Owners Borrowers is: (a) a wholly, legally and beneficially owned indirect Subsidiary of the Borrower is Ultimate Parent; and (b) a wholly, legally and beneficially owned direct or indirect Subsidiary of the Parent.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

AutoNDA by SimpleDocs

Ownership of the Obligors. Each of the Owners and the Borrower Borrowers is a wholly, legally and beneficially owned owned: (a) indirect Subsidiary of the Ultimate Parent; and (b) direct or indirect Subsidiary of the Parent.

Appears in 1 contract

Samples: Loan Agreement (Navigator Holdings Ltd.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!