Reduction of capital. A Security Party (other than, following the successful completion of the IPO, the Guarantor and the Pledgor) reduces its authorised or issued or subscribed capital.”;
Appears in 2 contracts
Samples: Third Supplemental Agreement (Poseidon Containers Holdings Corp.), Fourth Supplemental Agreement (Poseidon Containers Holdings Corp.)
Reduction of capital. A Security Party (other than, following than the successful completion of the IPO, the Guarantor and the PledgorCorporate Guarantor) reduces its authorised or issued or subscribed capital.”;"
Appears in 2 contracts
Samples: Safe Bulkers, Inc., Credit Facility Agreement (Safe Bulkers, Inc.)
Reduction of capital. A Security Party (other than, following than the successful completion of the IPO, the Guarantor and the PledgorCorporate Guarantor) reduces its authorised or issued or subscribed capital.”;
Appears in 1 contract