Common use of Increase in capital Clause in Contracts

Increase in capital. Neither the Borrower nor any Owner shall issue membership interests or other equity interests to anyone except for, in the case of the Owners, the Borrower and, in the case of the Borrower, the Parent.

Appears in 5 contracts

Sources: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Supplemental Agreement (Navigator Holdings Ltd.)