Common use of Share capital and ownership Clause in Contracts

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered shares of $0.001 each, 25,744,983 of which shares have been issued each fully paid.

Appears in 5 contracts

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

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Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered 205,000,000 shares of $0.001 each, 25,744,983 0.01 each divided into 200,000,000 shares of which common stock and 5,000,000 shares have been of preferred stock. The Borrower is the indirect and ultimate owner of all of the issued share capital of each fully paidOwner.

Appears in 5 contracts

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

Share capital and ownership. The Borrower has an authorised share capital of USD50,000 divided into 150,000,000 registered 50,000 shares with a nominal value of $0.001 USD1.00 each, 25,744,983 all of which shares have been issued each fully paidand the legal title and beneficial ownership of those shares is held, free of any Security or other claim, by HLNG as to 50 per cent. and by MOL as to 50 per cent.

Appears in 4 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP), www.lw.com

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered shares of $0.001 each, 25,744,983 all of which shares have been issued each fully paid.

Appears in 4 contracts

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

Share capital and ownership. The Borrower has an authorised share capital of $5 divided into 150,000,000 500 registered and/or bearer shares of $0.001 0.01 each, 25,744,983 all of which shares have been issued each in registered form fully paid, and the legal title and ownership of all those shares is held, free of any Security Interest or other claim, by the Guarantor.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

Share capital and ownership. The Each Borrower has an authorised share capital divided into 150,000,000 of 500 registered and/or bearer shares of $0.001 each, 25,744,983 each all of which shares have been issued each fully paidin registered form and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Corporate Guarantor.

Appears in 3 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Share capital and ownership. The Borrower has an authorised share capital of $40,000,000 divided into 150,000,000 registered 40,000,000 shares of $0.001 1 each, 25,744,983 16,978,857 of which such shares have been issued each fully paid.

Appears in 3 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 500 registered shares of $0.001 eachno par value, 25,744,983 all of which shares have been issued each fully paidissued, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Guarantor.

Appears in 2 contracts

Samples: Loan Agreement, Amending and Restating Agreement (Golar LNG Partners LP)

Share capital and ownership. The Borrower has an authorised share capital of $780,000 divided into 150,000,000 780,000,000 registered shares of $0.001 each, 25,744,983 of which shares have been issued each fully paidshares.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 of 500 registered shares with par value of $0.001 1 each, 25,744,983 all of which shares have been issued each and fully paid, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Shareholder.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered shares of $0.001 each, 25,744,983 6,009,442 of which shares have been issued each fully paid.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered 45,988,620 common shares and 15,575,949 warrants each of $0.001 each, 25,744,983 of which shares have been 0.01 par value and issued each fully paidin registered form.

Appears in 2 contracts

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

Share capital and ownership. The Borrower’s issued share capital is wholly owned by the Borrower has Parent and on and after 16 January 2009 the Borrower will have an authorised share capital of $12,000 divided into 150,000,000 registered 12,000 shares of $0.001 1 each, 25,744,983 of which shares 100 will have been issued each fully paidto the Borrower Parent.

Appears in 2 contracts

Samples: Loan Agreement (Arlington Tankers Ltd.), Loan Agreement (General Maritime Corp / MI)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 780,000,000 registered shares of $0.001 each0.001, 25,744,983 51,233,033 of which shares have been issued each fully paid.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered 54,530,989 common shares and 5,934,080 warrants each of $0.001 each0.01 par value, 25,744,983 of which shares have been issued each fully paidin registered form.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 500,000,000 registered shares with par value of $0.001 each, 25,744,983 0.01 per share (consisting of which 475,000,000 shares of common stock and 25,000,000 shares of preferred stock). 16,100,000 of common stock have been issued each fully paidpaid and non assessable.

Appears in 2 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 75,000,000 registered shares of $0.001 0.01 each, 25,744,983 35,490,097 of which shares have been issued issued, each fully paid.

Appears in 2 contracts

Samples: Loan Agreement (DryShips Inc.), Agreement (DryShips Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered 205,000,000 shares of $0.001 each, 25,744,983 0.01 each divided into 200,000,000 shares of which common stock and 5,000,000 shares have been of preferred stock. The Borrower is the indirect and ultimate owner of all of the issued share capital of each fully paidExisting Owner.

Appears in 2 contracts

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

Share capital and ownership. The Borrower has an authorised share capital of $1,000.00 divided into 150,000,000 1,000 registered shares of $0.001 1.00 each, 25,744,983 all of which shares have been issued each fully paid, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Shareholder which is itself the wholly-owned subsidiary of the Guarantor.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 of five hundred (500) registered shares with par value of $0.001 each0,01 each and the legal title and beneficial ownership of all those shares is held, 25,744,983 free of which shares have been issued each fully paidany Security Interest or other claim, by the Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 registered 45,988,670 common shares and 19,080,036 warrants each of $0.001 each, 25,744,983 of which shares have been 0.01 par value and issued each fully paidin registered form.

Appears in 1 contract

Samples: Loan Agreement (Star Bulk Carriers Corp.)

Share capital and ownership. The Borrower has an authorised issued share capital of $108,028,520.71 divided into 150,000,000 registered 101,002 shares of $0.001 each, 25,744,983 of which shares have been each issued each as fully paid, and the legal title and beneficial ownership of such shares is held, free of any Security Interest or other claim, by the Shareholder.

Appears in 1 contract

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

Share capital and ownership. The Borrower has an authorised share capital of $5 divided into 150,000,000 500 registered shares of $0.001 0.01 each, 25,744,983 all of which shares have been issued each fully paid, and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by Seacastle.

Appears in 1 contract

Samples: Loan Agreement (Seacastle Inc.)

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Share capital and ownership. The Borrower has an authorised share capital of $40,000,000 divided into 150,000,000 registered 40,000,000 shares of $0.001 1 each, 25,744,983 of which 16,978,857 such shares have been issued each fully paid. The whole of the authorised and issued share capital of the Owner is owned by the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Share capital and ownership. The Borrower has an authorised share capital of $40,000,000 divided into 150,000,000 registered 40,000,000 shares of $0.001 1 each, 25,744,983 16,978,857 of which such shares have been issued each fully paid. The Borrower has the option to acquire all of the issued share capital of each Owner.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Share capital and ownership. The Borrower has an authorised share capital which is divided into 150,000,000 500 registered shares with a par value of $0.001 each20.00 each and the legal title and beneficial ownership of the Borrower's shares is held, 25,744,983 free of which shares have been issued each fully paidany Security Interest or other claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

Share capital and ownership. The Borrower has an authorised xx xxxxorised share capital divided into 150,000,000 75,000,000 registered shares of $0.001 0.01 each, 25,744,983 30,350,000 of which shares have been issued each fully paid.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Share capital and ownership. The Borrower has an authorised share capital of $205,000 divided into 150,000,000 200,000,000 shares of common stock of registered shares of $0.001 each and 5,000,000 shares of preferred stock of $0.001 each, 25,744,983 46,330,000 shares of which shares common stock have been issued each fully paidpaid and are in the ownership of the persons disclosed by the Borrower to the Lender.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 780,000,000 registered shares of $0.001 each, 25,744,983 59,862,897 of which shares have been issued each and fully paid.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into of 150,000,000 registered shares of stock, consisting of 120,000,000 shares of Class A common stock with a par value of $0.001 each, 25,744,983 5,000,000 shares of which Class B common stock with a par value of $0.001 each and 25,000,000 preferred shares have been with a par value of $0.001; as at the date hereof, the Borrower’s total capital stock issued each fully paidand outstanding is 27,070,615 Class A common shares with a par value of $0.001 each.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Share capital and ownership. The Borrower has an Borrower's authorised share capital is divided into 150,000,000 1,000,000,000 registered shares and 500,000,000 registered preferred shares with a par value of $0.01 each. 685,064,321 registered shares of $0.001 each, 25,744,983 of which shares the Borrower have been issued each fully paidand are outstanding at the date hereof and 21,000,000 shares are issued and held in treasury.

Appears in 1 contract

Samples: Assignment Agreement (DryShips Inc.)

Share capital and ownership. The Borrower has an authorised share capital divided into 150,000,000 500,000,000 registered shares with par value of $0.001 each, 25,744,983 0.01 per share (consisting of which 475,000,000 shares of common stock and 25,000,000 shares of preferred stock). 30,791,715 of common stock have been issued each fully paidpaid and non assessable and 916,333 shares of preferred stock have been fully paid and non assessable.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

Share capital and ownership. The Borrower A and Borrower B each have an authorised share capital of 500 registered/bearer shares of US$0.01 par value and Borrower C has an authorised share capital divided into 150,000,000 registered of 500 registered/bearer shares of $0.001 each, 25,744,983 with no par value. All of which shares have been issued each fully paidin registered form and the legal title and beneficial ownership of all those shares is held, free of any Security Interest or other claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Share capital and ownership. The the Borrower has an authorised share capital divided into 150,000,000 registered shares of 205,000,000 shares, par value $0.001 0.01 each, 25,744,983 of which 200,000,000 shares have been are common stock and 5,000,000 shares are preferred stock. The Borrower is the indirect and ultimate owner of all the issued ordinary share capital of each fully paidOwner.

Appears in 1 contract

Samples: Loan Agreement (Danaos Corp)

Share capital and ownership. The Borrower has an authorised share capital of $40,000,000 divided into 150,000,000 registered 40,000,000 shares of $0.001 1 each, 25,744,983 16,978,857 of which such shares have been issued each fully paid. Each Owner is a beneficially wholly-owned direct subsidiary of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Tsakos Energy Navigation LTD)

Share capital and ownership. The Borrower has an authorised share capital divided into of 150,000,000 registered shares of stock, consisting of 120,000,000 shares of Class A common stock with a par value of $0.001 each, 25,744,983 5,000,000 shares of which Class B common stock with a par value of $0.001 each and 25,000,000 preferred shares have been with a par value of $0.001; as at the date hereof, the Borrower’s total capital stock issued each fully paidand outstanding is 27,138,515 Class A common shares with a par value of $0.001 each.

Appears in 1 contract

Samples: Loan Agreement (Paragon Shipping Inc.)

Share capital and ownership. The Borrower has an authorised share capital of $50,000 divided into 150,000,000 registered 50,000 ordinary shares of $0.001 1 each, 25,744,983 all of which shares have been issued each fully paidand the legal title and beneficial ownership of all those shares is held free of any Security Interest or other claim by the applicable Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (NewLead Holdings Ltd.)

Share capital and ownership. The Borrower has an authorised share capital which is divided into 150,000,000 500 registered shares with a par value of $0.001 each20.00 each and the legal title and beneficial ownership of the Borrower’s shares is held, 25,744,983 free of which shares have been issued each fully paidany Security Interest or other claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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