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. (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. 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 no less than 75% of all the issued share capital of the Guarantor are ultimately beneficially owned by the Hadjioannou Family.

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) 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. (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 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.

Shareholdings each of the Borrowers is a wholly-owned direct Subsidiary of the Aegean Shipholdings Guarantor, each of the Aegean Shipholdings Guarantor and the Manager is a wholly-owned direct Subsidiary of the Aegean Marine Guarantor and no less than 35% of all the issued voting share capital of the Aegean Marine Guarantor is ultimately beneficially owned by Mr Xxxxxxxxx Melisanidis, Xx Xxxxx Xxxxxxxxxxxxx and their respective immediate families.

Shareholdings at any time (i) Mr Xxxxxxxxx Melisanidis is or becomes the ultimate beneficial owner of less than 15% of the total issued voting share capital or of the total issued share capital of the Corporate Guarantor or (ii) any person, or persons acting in concert (other than Mr Xxxxxxxxx Melisanidis) are or become the ultimate beneficial owners of more than 50% (or of a percentage higher than that then owned by Mr Xxxxxxxxx Melisanidis), of the total issued voting share capital or of the total issued share capital of the Corporate Guarantor or have, obtain or acquire the control of the Corporate Guarantor or of its board of directors; or