Common use of Relevant Persons Clause in Contracts

Relevant Persons. In this Clause 19 “a Relevant Person” means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 8 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

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Relevant Persons. In this Clause 19 "a Relevant Person" means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 5 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.), Loan Agreement (Paragon Shipping Inc.)

Relevant Persons. In this Clause 19 “a Relevant Person” means the Borrower, a Security Party and any other member of the Group; Group (but excluding any company which is dormant and the value of whose gross assets is $50,000 or less).

Appears in 4 contracts

Samples: Loan Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.), Loan Facility Agreement (Star Bulk Carriers Corp.)

Relevant Persons. In this Clause 19 18 “a Relevant Person” means the Borrower, a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 3 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the each Borrower, a the Corporate Guarantor, any other Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Amending and Restating Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the Borrower, a any Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Star Cosmo Llc.), Loan Agreement (Star Bulk Carriers Corp.)

Relevant Persons. In this Clause 19 19, a a Relevant Person” means the Borrower, a Security Party Party, and any other member company which is a subsidiary of the GroupBorrower or a Security Party; but excluding any company which is dormant and the value of whose gross assets is $50,000 1,000,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk PLC), Loan Agreement (Britannia Bulk Holdings Inc)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the Borrower, a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Relevant Persons. In this Clause 19 a a Relevant Person” means the Borrower, a Security Party and or any other member of the Borrower’s Group; , but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Grindrod Shipping Holdings Pte. Ltd.), Loan Agreement (Euronav NV)

Relevant Persons. In this Clause 19 19, a a Relevant Person” means the Borrower, a Security Party and or any other member company which is a subsidiary of the GroupBorrower or a Security Party; but excluding any company such subsidiary which is dormant and the value of whose gross assets is $50,000 500,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Crude Carriers Corp.), Loan Agreement (Crude Carriers Corp.)

Relevant Persons. In this Clause 19 “19, a "Relevant Person" means the a Borrower, the Corporate Guarantor or a Security Party, and any company which is a subsidiary of the Corporate Guarantor or a Security Party and any other member of the Group; Group but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Diana Shipping Inc.)

Relevant Persons. In this Clause 19 “a Relevant Person” means the Borrower, a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Danaos Corp), Loan Agreement (Danaos Corp)

Relevant Persons. In this Clause 19 a a Relevant Person” means the Borrower, a Security Party Party, and any other member company which is a subsidiary of the GroupBorrower or a Security Party or of which the Borrower or a Security Party is a subsidiary; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Diana Shipping Inc.), Loan Agreement (Gala Properties Inc.)

Relevant Persons. In this Clause 19 “19, a "Relevant Person" means the a Borrower, a Security Party Party, and any other member company which is a subsidiary of the Groupa Borrower or a Security Party or of which a Borrower or a Security Party is a subsidiary; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)

Relevant Persons. In this Clause 19 a a Relevant Person” means the Borrower, a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 2 contracts

Samples: Loan Agreement (Tsakos Energy Navigation LTD), Loan Agreement (Tsakos Energy Navigation LTD)

Relevant Persons. In this Clause 19 17 a a Relevant Person” means the Borrower, a the Corporate Guarantor, any other Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the each Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 “a Relevant Person” means the Borrower, a the Owner, any other Security Party and any other member of company in the Group; Borrower’s Group but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Relevant Persons. In this Clause 19 a a Relevant Person” means the Borrower, a Borrower and a Security Party and any other member company which is a subsidiary of the Group; a Borrower or a Security Party or of which a Borrower or a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Relevant Persons. In this Clause 19 “18 a "Relevant Person" means the Borrower, a any Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Amending and Restating Agreement (Star Bulk Carriers Corp.)

Relevant Persons. In this Clause 19 a a Relevant Person” means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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Relevant Persons. In this Clause 19 “19, a "Relevant Person" means the a Borrower, the Corporate Guarantor or a Security Party, and any company which is a subsidiary of the Corporate Guarantor or a Security Party and 722 EUROPE/66436786v5 any other member of the Group; Group but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Relevant Persons. In this Clause 19 “17 a "Relevant Person" means the Borrower, a the Corporate Guarantor, any other Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Fourth Amending and Restating Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 “19, a "Relevant Person" means the Borrower, a Security Party Party, and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which the Borrower or a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 "a Relevant Person" means the Borrower, a Security Party and any other member of the Group; Group (but excluding any company which is dormant and the value of whose gross assets is $50,000 or less).

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Relevant Persons. In this Clause 19 18, a a Relevant Person” means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Relevant Persons. In this Clause 19 "a Relevant Person" means the Borrower, a Security Party and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.,

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the each Borrower, a Security Party (other than an Approved Manager who is not a member of the Group) and any other member of the Group; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Oceanfreight Inc.)

Relevant Persons. In this Clause 19 “19, a "Relevant Person" means the a Borrower, the Corporate Guarantor or a Security Party, and any company which is a Subsidiary of the Corporate Guarantor or a Security Party and any other member of the Group; Group but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Relevant Persons. In this Clause 19 a a Relevant Person” means the a Borrower, a Security Party the Guarantor and any other member company which is a subsidiary of a Borrower or the GroupGuarantor or of which a Borrower or the Guarantor is a subsidiary; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

Relevant Persons. In this Clause 19 20 a a Relevant Person” means the Borrower, a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Relevant Persons. In this Clause 19 17 a a Relevant Person” means the Borrower, Borrower and a Security Party and any other member company which is a subsidiary of the Group; Borrower or a Security Party or of which the Borrower or a Security Party is a subsidiary but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Relevant Persons. In this Clause 19 18 a a Relevant Person” means the a Borrower, a Security Party the Guarantor and any other member company which is a subsidiary of a Borrower or the GroupGuarantor or of which a Borrower or the Guarantor is a subsidiary; but excluding any company which is dormant and the value of whose gross assets is $50,000 or less.

Appears in 1 contract

Samples: Loan Agreement (Mc Shipping Inc)

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