Shareholdings Sample Clauses

Shareholdings change, cause or permit any change in, the legal and/or beneficial ownership of any of the shares in the Borrower which would result in the Borrower ceasing to be a wholly-owned direct Subsidiary of the Guarantor; or

Shareholdings. As of the date of this Agreement, the Investor holds at least 149,850 Shares, and Investor has completed and delivered a Letter of Representation to the Escrow Agent evidencing such Shares.

Shareholdings the Borrower is a wholly-owned direct Subsidiary of the Guarantor and as of the date of this Guarantee no less than 75% of all the issued share capital of the Guarantor are ultimately beneficially owned by the Hadjioannou Family.

Shareholdings. (a) there is any change in the legal and/or ultimate beneficial ownership of any of the shares in any of the Borrowers or the Manager from that existing on the date of this Agreement as set out in clause 7.1.10; or (b) a Change of Control occurs without the prior written consent of the Agent; or

Shareholdings change, cause or permit any change in the legal and/or ultimate beneficial ownership of any of the Borrowers or the Corporate Guarantor or the Manager from that existing on the date of this Agreement as specified in clause 7.1.10.

Shareholdings. (a) there is any change in the legal and/or ultimate beneficial ownership of any of the shares in the Corporate Guarantor which results in Mr. Xxxxxxxxx Melissanidis being the ultimate beneficial owner of less than 35% of the total issued voting share capital of the Corporate Guarantor; or (b) there is any change in the legal and/or beneficial ownership of any of the shares in any Borrower or the Manager which results in any such Security Party ceasing to be a wholly-owned direct or indirect Subsidiary of the Corporate Guarantor; or

Shareholdings change, cause or permit any change in, the legal and/or ultimate beneficial ownership of any of the shares in the Guarantor from that specified in clause 4.1.10 and/or clause 7.1.10 of the Agreement;

Shareholdings. (a) each Borrower is a wholly-owned direct Subsidiary of the Shareholder and all of the issued shares in each of the Corporate Guarantor and the Manager are legally and ultimately beneficially owned by such person or persons as have been disclosed by or on behalf of the Borrowers or any other Security Party to the Agent, the Arranger and the Banks in the negotiation of this Agreement; and (b) on the date of this Agreement, the Xxxxxxxxx Disclosed Persons together own shares (legally and/or beneficially, directly or indirectly) in the Corporate Guarantor which can cast not less than 11% of the maximum number of votes that might be cast at a general meeting of the shareholders of the Corporate Guarantor; and (c) on the date of this Agreement, the Riverstone Disclosed Persons together own shares (legally and/or beneficially, directly or indirectly) in the Corporate Guarantor which can cast not less than 20% of the maximum number of votes that might be cast at a general meeting of the shareholders of the Corporate Guarantor; and

Shareholdings. (a) the Borrower is a wholly-owned direct Subsidiary of the Corporate Guarantor; and (b) no less than 26% of the total issued voting share capital of the Corporate Guarantor is ultimately beneficially owned by Mr Xxxxxxxxx Melisanidis; and (c) no person or persons acting in concert (other than Mr Xxxxxxxxx Melisanidis) are the ultimate beneficial owners of more than 50% (or of any other percentage higher than that owned by Mr Xxxxxxxxx Melisanidis), of the total issued voting share capital of the Corporate Guarantor or have the control of the Corporate Guarantor or of its board of directors (and "control" shall have the meaning given to it in the definition of "Subsidiary" in clause 1.2);

Shareholdings each of the Borrowers and the Manager are wholly-owned direct or indirect Subsidiaries of the Corporate Guarantor and no less than 35% of the total issued and voting share capital of the Corporate Guarantor is ultimately beneficially owned by Mr. Xxxxxxxxx Melissanidis.