Eagle Shipping definition
Examples of Eagle Shipping in a sentence
Make its officers and employees available for any meetings with Facilitate shareholders which Adslot may seek, and permit Adslot to accompany them at such meetings and take such other steps as Adslot may require to facilitate an explanation by Adslot of the merits of the Scheme.
Meetings of the Members, including any special meeting, may be called by (i) the Board from time to time, (ii) any Member, or Members, holding 25% or more of the Units or (iii) Zoullas so long as he is Chief Executive Officer of Eagle Shipping and a Member of the Company.
For so long as Zoullas remains Chief Executive Officer of Eagle Shipping and a Member, any such amendment shall be subject to the consent of Zoullas, which such consent shall not be unreasonably withheld.
For so long as Zoullas is the Chief Executive Officer of Eagle Shipping (and a Member of the Company), Zoullas shall have the right to appoint, in his sole discretion, a number of additional Directors that, when taken together with the Directors referred to in the immediately preceding sentence, constitutes one less than a majority of the Board.
For so long as Zoullas is the Chief Executive Officer of Eagle Shipping (and a Member of the Company), the Board shall consider recommendations of Zoullas before altering the structure or governance of any Subsidiary of the Company.
The Compensation Committee shall have the discretion to allocate, after taking into consideration the recommendation of Zoullas (for so long as Zoullas is a Member and the Chief Executive Officer of Eagle Shipping) any or all of the remaining Points (the "Unallocated Points"), to any Management Member (as determined at the time of such allocation).
Each committee of the Board shall be comprised of at least three (3) Directors, two (2) of whom shall be Directors designated by Xxxxx and the other Director shall be the Chief Executive Officer of Eagle Shipping.
ISSUER Eagle Bulk Shipco LLC Eagle Shipping LLC Eagle Bulk Ultraco LLC LOAN TYPE Bond RCF Credit Facility Term Loan AMOUNT USD 200m USD 15m USD 65m USD 69.8m OUTSTANDING USD 200m - USD 65m USD 69.8m SECURITY Senior Secured Super Senior Secured Secured Secured COLLATERAL 28 vessels 9 vessels 10 vessels FLEET AVG.
The A&R First Lien Loan Agreement amended and restated the Exit Financing Facility in its entirety, provided for Eagle Shipping to be the borrower in the place of the Company, and further provided for a waiver of any and all events of default occurring as a result of the voluntary OFAC Disclosure (as defined in Note 7 “Commitments and Contingencies - Legal Proceedings”) to the condensed consolidated financial statements.
By: /s/ Axxx Xxxxxx Name: Axxx Xxxxxx Title: Chief Financial Officer THIS RELEASE AGREEMENT (the “Release”) is made as of this day of , , among Eagle Shipping International (USA) LLC, a Mxxxxxxx Islands limited liability company (the “Company”), its parent Eagle Bulk Shipping Inc., a Mxxxxxxx Islands corporation (the “Parent”) and Sophocles N.