Examples of Bulk Partners in a sentence
Xxxxxxxx & Co. Limited Platou Shipbrokers SCHEDULE 4.6 EQUITY INTERESTS IN HOLDING COMPANY Bulk Partners (Bermuda) Ltd.
From and after January 1, 2013, Bulk Partners shall maintain a Consolidated Debt Service Coverage Ratio of not less than 120% (on a rolling four quarter basis, tested as of the last day of each fiscal quarter).
Appendix A to this Manual gives examples of an indirect Pecuniary Interest in securities.
Neither of the Borrowers nor Bulk Partners maintains any Plan, Multiemployer Plan or Foreign Pension Plan.
It is assumed that the technical management of the Vessels will be transferred to Seamar Management S.A. (a subsidiary of Bulk Partners (Bermuda) Ltd.) at a later stage.
Shareholder Number of Shares Percentage Citizenship Bulk Partners Holding Company Bermuda Limited 10,000 100% Bermuda EQUITY INTERESTS IN CHARTERER Americas Bulk Transport (BVI) Limited Shareholder Number of Shares Percentage Citizenship Bulk Partners Holding Company Bermuda Ltd.
Promptly upon the institution of a Plan, a Multiemployer Plan or a Foreign Pension Plan by a Borrower or Bulk Partners, the Borrowers shall furnish or cause to be furnished to the Agent written notice thereof and, if requested by the Agent or any Lender, a copy of such Plan, Multiemployer Plan or Foreign Pension Plan.
The Borrowers undertake with each Creditor Party to use the Advance only for the purpose of (i) repayment of a bridge loan provided by ST Shipping to the Borrowers, and (ii) repayment of subordinated shareholder loans provided by ST Shipping and Bulk Partners to the Borrowers.
All financial and other information which is provided in writing by or on behalf of a Borrower or Bulk Partners under or in connection with any Finance Document shall be true and not misleading in any material respect and shall not omit any material fact or consideration.
The Borrowers shall use the proceeds of the Advance solely for the purpose of (i) repayment of a bridge loan provided by ST Shipping to the Borrowers, and (ii) repayment of subordinated shareholder loans provided by ST Shipping and Bulk Partners to the Borrowers.