Borrower C definition

Borrower C means Dorchester Maritime Corp., being a corporation organised and existing under the laws of the Xxxxxxxx Islands and having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx, XX 00000;

Borrower C means Tasman Marine LLC, a limited liability company formed in the Xxxxxxxx Islands, whose registered office is at Company Complex, Ajeltake Road, Ajeltake islands, MH96960, Majuro, Xxxxxxxx Islands;

Borrower C means Kayley Shipping Co., a corporation incorporated and existing in Liberia whose registered office is at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx;

Examples of Borrower C in a sentence

• Borrower C repays 9% of their monthly income above the threshold.

• Borrower C has dual Plan 1 and Plan 2 loans, both of which are in repayment.

• No such assignment shall be made (A) to Holdings, the Borrower or any of the Borrower’s Subsidiaries except as permitted under Sections 2.05(1)(e) and 10.07(l), (B) subject to Sections 10.07(h), (k) and (l) below, to any Affiliate of the Borrower, (C) to a natural person, (D) to any Disqualified Institution or (E) to any Defaulting Lender.

• No such assignment shall be made (A) to the Borrower or any of the Borrower’s Subsidiaries except as permitted under Sections 2.05(1)(e) and 10.07(l), (B) subject to Sections 10.07(h), (k) and (l) below, to any Affiliate of the Borrower, (C) to a natural person, (D) to any Disqualified Institution or (E) to any Defaulting Lender.

• 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 C

Borrower C means Aurora Shipping Enterprises Ltd., a corporation incorporated and existing under the laws of the Republic of the Xxxxxxxx Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Xxxxxxxx Xxxxxxx XX00000;

Borrower C means AEGEAN SEA MARITIME HOLDINGS INC., a corporation incorporated in the Republic of the Marshall Islands having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH96960, Marshall Islands;

Borrower C means Light Shipping Ltd, a corporation incorporated in the Republic of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH96960, the Xxxxxxxx Islands;

Borrower C means Peran Maritime Inc. a corporation incorporated and existing under the laws of the Xxxxxxxx Islands having its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX 00000;

Borrower C means Ballycotton Shipco LLC, a limited liability company formed in the Republic of the Mxxxxxxx Islands whose registered address is at The Trust Company of the Mxxxxxxx Islands, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Mxxxxxxx Islands MH 96960

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

Borrower C and together with Borrower A and Borrower B, the “Borrowers”)