Collateral Owners definition

Collateral Owners means Platon, Rea, Kronos and Socrates and “Collateral Owner” means any one of them.

Collateral Owners means the companies listed in Schedule 7, being the owners of the Collateral Vessels and “Collateral Owner” means either one of them.

Collateral Owners means together Eniadefhi Shipping Corporation (“Eniadefhi”), Eniaprohi Shipping Corporation (“Eniaprohi”), Maxdodeka Shipping Corporation (“Maxdodeka”), Pelea Shipping Ltd. (“Pelea”) and Vasstwo Shipping Corporation (“Vasstwo”), each a corporation incorporated under the laws of the Republic of Liberia whose registered address is at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx, Xxxxxxx Xxxxxxxx Corporation (“Vassone”) a corporation domesticated under the laws of the Republic of the Xxxxxxxx Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH 96960, Gloverfour Shipping Corporation (“Gloverfour”), Gloverfive Shipping Corporation (“Gloverfive”) and Shikokuexi Shipping Inc. (“Shikokuexi”), Youngone Shipping Corporation (“Youngone”), each a corporation incorporated under the laws of the Republic of the Xxxxxxxx Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH 96960 and “Collateral Owner” means each one of them.

Examples of Collateral Owners in a sentence

• The Borrower will from time to time if requested by the Agent provide the Agent with evidence in form and substance satisfactory to the Agent that the Borrower and each of the Collateral Owners remain in good standing.

• The Borrower shall procure that neither of the Collateral Owners creates, or permits to subsist, any Encumbrance (other than pursuant to the Security Documents) over all or any part of the Collateral Vessels or the Insurances other than a Permitted Encumbrance.

• The Borrower shall procure that the Collateral Owners maintain the Earnings Accounts with the Account Holders for the duration of the Facility Period free of Encumbrances and rights of set off other than those created by or under the Finance Documents.

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• Multiple connected views can be utilized to account for the complexity of the ontologies and the need of provenance information.

More Definitions of Collateral Owners

Collateral Owners means the Xingang Collateral Owner, the Xxxxxx Collateral Owner and the Pantelis Collateral Owner and "Collateral Owner" means any one of them;

Collateral Owners means Xxxxx Xxxxxxxx Limited, Genco Pyrenees Limited, Genco Loire Limited, Genco Bourgogne Limited, Genco Picardy Limited, Genco Aquitaine Limited, Genco Normandy Limited, Genco Auvergne Limited, Genco Provence Limited, Genco Ardennes Limited, Xxxxx Xxxxxxxx Limited, Genco Languedoc Limited and Genco Rhone Limited each a company incorporated under the laws of the Xxxxxxxx Islands whose registered office is at Trust Company Complex, Ajeltake Island, Ajeltake Road, Majuro, Xxxxxxxx Islands MH96960 and the owner of any Replacement Vessel and "Collateral Owner" means any one of them.

Collateral Owners means the companies listed in Schedule 2 under the heading "Collateral Owners" each a company incorporated under the laws of the Hong Kong Special Administrative Region of the People's Republic of China ("Hong Kong") whose registered office is at Suite 801, 8/F Asian House, 0 Xxxxxxxx Xxxx, Wanchai, Hong Kong and "Collateral Owner" means any one of them.

Collateral Owners means: (a) each company (being a 100% direct or indirect Subsidiary of the Borrower or the Pledgor) shown as an owner of a Collateral Vessel in Schedule 3; and (b) following a Collateral Substitution, any Replacement Vessel Owner, in each case whilst such company remains party to any Security Documents (each a "Collateral Owner"). "Collateral Substitution" means the replacement of a Collateral Vessel by a Replacement Vessel in accordance with Clause 6.4.2 and Clause 6.5.2. "Collateral Vessels" means: (a) the vessels listed in Schedule 3; and (b) following a Collateral Substitution, any Replacement Vessel, in each case whilst such vessel is (or is about to be) subject to a Mortgage or other Security Documents (each a "Collateral Vessel"). "Collateral Vessel Tranche" means, in relation to each Collateral Vessel, that part of the Loan, up to the Maximum Amount for that Collateral Vessel Tranche, to be advanced to the Borrower, or when the context permits, the amount of the Collateral Vessel Tranche advanced and for the time being outstanding, and together the "Collateral Vessel Tranches". "Commercial Manager" means (i) Teekay Tankers Chartering Pte. Ltd.

Collateral Owners means together Avstes Shipping Corporation (“Avstes”), Eniadefhi Shipping Corporation (“Eniadefhi”), Eniaprohi Shipping Corporation (“Eniaprohi”), Marindou Shipping Corporation (“Marindou”) Maxdodeka Shipping Corporation (“Maxdodeka”), Pelea Shipping Ltd. (“Pelea”), Vasstwo Shipping Corporation (“Vasstwo”) and Maxeikositria Shipping Corporation (“Maxeikositria”), each a company incorporated under the laws of the Republic of Liberia whose registered address is at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx, Gloverfour Shipping Corporation (“Gloverfour”) and Gloverfive Shipping Corporation (“Gloverfive”) each a company incorporated under the laws of the Republic of the Xxxxxxxx Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX 00000 and “Collateral Owner” means each one of them.

Collateral Owners means any or all of them;

Collateral Owners means, together, the Platon Collateral Owners and Zeus and, in the singular, means any of them;