Common use of Reduction or loss of capital Clause in Contracts

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate Guarantor) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 18 contracts

Samples: Facility Agreement for a Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)

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Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorBorrower) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 4 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Holdings Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorBorrower) without the AgentLender’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentLender’s prior written consent; or

Appears in 4 contracts

Samples: Facility Agreement (Navios Maritime Midstream Partners LP), Facility Agreement for a Term Loan (StealthGas Inc.), Facility Agreement (StealthGas Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorBorrower) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 4 contracts

Samples: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Holdings Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorGuarantors and the Manager) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Navios Maritime Acquisition CORP)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorManager or the Borrower) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorGuarantor and the Manager) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 3 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement, Facility Agreement (Navios Maritime Acquisition CORP)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate Guarantor) Guarantor without the AgentLender’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentLender’s prior written consent; or

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Navios Maritime Midstream Partners LP)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorGuarantor and the Shareholder) without the Agent’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the Agent’s prior written consent; or

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate Guarantor) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Holdings Inc.)

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Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate Guarantor) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorBorrower) without the AgentLender’s prior written consentconsent (not to be unreasonably withheld), for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentLender’s prior written consent; or

Appears in 1 contract

Samples: Facility Agreement for a Term Loan (Box Ships Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorGuarantor or the Manager) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 1 contract

Samples: Loan Agreement (Navios Maritime Holdings Inc.)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorManager) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Acquisition CORP)

Reduction or loss of capital. a meeting is convened by any Security Party (other than the Corporate GuarantorGuarantor or the Manager) without the AgentBank’s prior written consent, for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital without the AgentBank’s prior written consent; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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