Common use of Share capital and ownership Clause in Contracts

Share capital and ownership. The Guarantor has an authorised share capital of one billion (1,000,000,000) registered shares with a par value of one cent each ($0.01) and five hundred million (500,000,000) registered preferred shares with a par value of one cent ($0.01) each. 10.4

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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Share capital and ownership. The As at the date of this Guarantee, the Guarantor has an authorised share capital of one billion (1,000,000,000) 500,000,000 registered shares of which 450,000,000 shares are designated as common stock with a par value of one cent each ($0.01) US$0.001 per share and five hundred million (500,000,000) registered 50,000,000 shares are designated as preferred shares stock with a par value of one cent ($0.01) each. 10.4US$0.001 per share, of which 10,000,000 common shares have been issued and the legal title and beneficial ownership of those shares are held, free of any Security Interest or other claim, by such legal entities or persons which have been confirmed by the Guarantor to the Agent in writing as the holders of all the issued share capital of the Guarantor.

Appears in 1 contract

Samples: Pyxis Tankers Inc.

Share capital and ownership. (a) The Corporate Guarantor has an is authorised share capital of one billion (1,000,000,000) to issue 1,000,000,000 registered shares of common stock with a par value of one cent $0.01 each ($0.01) and five hundred million (500,000,000) 500,000,000 registered preferred shares with a par value of one cent ($0.01) 0.01 each. 10.4, of which 100,131,092 registered shares of common stock have been issued and are outstanding as at the date of this Corporate Guarantee.

Appears in 1 contract

Samples: DryShips Inc.

Share capital and ownership. The Guarantor has an authorised share capital of one billion (1,000,000,000) divided into 1,000,000,000 registered shares with a par value of one cent each ($0.01) 0.01 each, 41,440,097 424,762,244 of which shares have been issued and five hundred million (500,000,000) registered preferred shares with a par value of one cent ($0.01) each. 10.4are outstanding at the date hereof.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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Share capital and ownership. The Guarantor has an authorised share capital of one billion (1,000,000,000) is authorized to issue 220,000,000 registered shares (of which 200,000,000 shares shall be common shares and 20,000,000 shall be preferred shares) with a par value of one cent each ($0.01) 0.01 per share, all of which shares have been issued and five hundred million (500,000,000) are fully paid and in registered preferred shares with a par value of one cent ($0.01) each. 10.4form in the legal title.

Appears in 1 contract

Samples: EuroDry Ltd.

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