Common use of Share capital and ownership Clause in Contracts

Share capital and ownership. The authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no par value, all of which shares have been issued 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: Agreement (NewLead Holdings Ltd.)

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Share capital and ownership. The authorised share capital of the each Borrower is divided into 500 registered and/or bearer shares of no without par value, all of which shares have been issued and the legal title and beneficial ownership of all those shares is held are held, free of any Security Interest or other claim claim, by such legal entities or persons which have been confirmed by the Corporate GuarantorBorrowers to the Agent as the holders of all the issued share capital of each Borrower.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no par value$0.01 each, all of which shares have been issued in 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 (Omega Navigation Enterprises, Inc.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no par value, all of which shares have been issued and the legal title and beneficial ownership of all those shares is held free of any Security Interest or other claim by the Corporate Guarantorto bearer.

Appears in 1 contract

Samples: Loan Agreement (Pyxis Tankers Inc.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares with par value of no par value$20.00 each, all of which shares have been issued and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim (other than a Permitted Security Interest), by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 bearer and/or registered and/or bearer shares of no par valuevalue each, all of which shares have been issued in bearer form, and the legal title and beneficial ownership of all those the shares of the Borrower is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no par value, all of which shares have been issued and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (EuroDry Ltd.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 Five hundred (500) registered and/or bearer shares with par value of no par value, all of which shares have been issued $0,01 each and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Agreement (Diana Shipping Inc.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no without par value, value all of which shares have been issued and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim claim, by the Corporate GuarantorShareholder.

Appears in 1 contract

Samples: Agreement (TBS International LTD)

Share capital and ownership. The Borrower xxx xx authorised share capital of the Borrower divided into 500 bearer and/or registered and/or bearer shares of no par valuevalue each, all of which shares have been issued in bearer form, and the legal title and beneficial ownership of all those the shares of the Borrower is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

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Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares shares, each fully paid and of no par value, all of which shares have been issued and the direct legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Agreement (Seanergy Maritime Holdings Corp.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 100 registered and/or bearer shares of no par value, all of which shares have been issued in registered form, and the legal title and beneficial ownership of all those such issued shares is held held, free of any Security Interest or other claim claim, by the Corporate GuarantorShareholder.

Appears in 1 contract

Samples: Loan Agreement (StealthGas Inc.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 registered and/or bearer shares of no without par value, all of which shares have been issued in registered form and are wholly owned directly or indirectly by the legal title Corporate Guarantor and beneficial ownership of all those shares is are held free of any Security Interest or other claim by the Corporate Guarantorclaim.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Share capital and ownership. The Each Borrower has an authorised share capital of the Borrower divided into 500 Five hundred (500) registered and/or bearer shares with par value of no par value, all of which shares have been issued $0,01 each and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Diana Shipping Inc.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 bearer and/or registered and/or bearer shares of with no par value, all of which shares have been issued and fully paid, and the legal title and beneficial ownership of all those shares is held held, free of any Security Interest or other claim claim, by the Corporate GuarantorShareholder.

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

Share capital and ownership. The Borrower has an authorised share capital of the Borrower divided into 500 bearer and/or registered and/or bearer ] shares of no par valuevalue each, all of which shares have been issued in bearer form, and the legal title and beneficial ownership of all those the shares of the Borrower is held held, free of any Security Interest or other claim claim, by the Corporate Guarantor.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

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