Reduction or loss of capital. a meeting is convened by the Borrower or any other Security Party or any other Restricted Company for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital; or
Appears in 2 contracts
Samples: Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (Capital Maritime & Trading Corp.)
Reduction or loss of capital. a meeting is convened by the Borrower or any other Security Party or any other Restricted Company for the purpose of passing any resolution to purchase, reduce or redeem any of its share capitalcapital other than in accordance with Clause 16.6 (Share Capital); or
Appears in 2 contracts
Samples: Facility Agreement (China Netcom Group CORP (Hong Kong) LTD), Facility Agreement (China Netcom Group CORP (Hong Kong) LTD)
Reduction or loss of capital. a meeting is convened by the Borrower or any other Security Party or any other Restricted Company for the purpose of passing any resolution to purchase, reduce or redeem any of its share capitalcapital other than any share repurchase program which has been instituted by the Borrower after having obtained the prior written consent of the Facility Agent (acting on the instructions of the Lenders); or
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)
Reduction or loss of capital. a meeting is convened by the Borrower or any other Security Party or any other Restricted Company member of the Group for the purpose of passing any resolution to purchase, reduce or redeem any of its share capital; or
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Reduction or loss of capital. a meeting is convened by the Borrower or any other Security Party or any other Restricted Company for the purpose of passing any resolution to or agreeing to, or the Borrower does, purchase, reduce or redeem any of its share capital; or
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