Borrower B definition

Borrower B means ▇▇▇▇▇ Maritime Corp., being a corporation organised and existing under the laws of the ▇▇▇▇▇▇▇▇ Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Borrower B means Ikaros Marine LLC, a limited liability company formed in the ▇▇▇▇▇▇▇▇ Islands, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Islands, MH96960, Majuro, ▇▇▇▇▇▇▇▇ Islands;

Borrower B means Andromeda Shiptrade Limited, a corporation incorporated and existing under the laws of the Republic of the ▇▇▇▇▇▇▇▇ Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇;

Examples of Borrower B in a sentence

• Such notice shall specify: (A) the interest rate option selected by Borrower, (B) the principal amount subject thereto, and (C) for each LIBOR selection, the length of the applicable LIBOR Period.

• Each Notice of Borrowing shall be by telecopy or telephone (and if by telephone, confirmed promptly by telecopier), in substantially the form of Exhibit B, specifying therein the requested (A) Borrower, (B) date of such Borrowing, (C) Type of Revolving Credit Advances comprising such Borrowing, (D) aggregate amount of such Borrowing, and (E) in the case of a Borrowing comprised of Eurodollar Rate Advances, the initial Interest Period for each such Advance.

• No such assignment shall be made (A) to the Borrower or any Affiliate or Subsidiary of the Borrower, (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), or (C) to a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of one or more natural Persons).

• The Agent shall have received this Amendment, duly executed and delivered by (A) the Borrower, (B) the Subsidiary Guarantors and (C) the Lenders (which constitute at least the Required Lenders) party hereto.

• Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of (A) six (6) Eurocurrency Borrowings to the US Borrower, (B) four (4) Eurocurrency Borrowings to the Canadian Borrower, (C) two (2) B/A Borrowings to the Canadian Borrower, (D) six (6) Eurocurrency Borrowings to the UK Borrower, (E) six (6) Eurocurrency Borrowings to the Singapore Borrower, and (F) six (6) Eurocurrency Borrowings to the UAE Borrower, outstanding.

More Definitions of Borrower B

Borrower B means Surf Maritime Co., a corporation incorporated under the laws of the ▇▇▇▇▇▇▇▇ Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (and includes its respective successors);

Borrower B means Knight Ocean Navigation Co., a corporation incorporated and existing under the laws of the Republic of Liberia whose registered office is at ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇;

Borrower B means Citrine Shipping Corporation, a corporation incorporated and existing in the ▇▇▇▇▇▇▇▇ Islands whose registered office is at Ajeltake Road, Ajeltake Island, Majuro MH96960, The ▇▇▇▇▇▇▇▇ Islands;

Borrower B means the company specified as such in Part A of Schedule 1 (The Parties).

Borrower B means ▇▇▇▇▇ Shipping Co., a corporation incorporated and existing in Liberia whose registered office is at ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇;

Borrower B means Scorpio Crude Carrier S.A., a corporation incorporated in the ▇▇▇▇▇▇▇▇ Islands, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇;

Borrower B means Iliada Shipping S.A., a corporation incorporated and existing under the laws of the Republic of the ▇▇▇▇▇▇▇▇ Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇;