Reduction of capital. A Security Party (other than the Corporate Guarantor) reduces its authorised or issued or subscribed capital.
Appears in 2 contracts
Samples: Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Reduction of capital. A Security Party reduces (other than the Corporate Guarantor) reduces its authorised or issued or subscribed capitalcapital without the Agent’s approval, such approval not to be unreasonably withheld.
Appears in 2 contracts
Samples: Secured Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (DHT Holdings, Inc.)