Common use of Ownership of the Clause in Contracts

Ownership of the. BORROWER The Shareholder is the sole shareholder of the Borrower;

Appears in 6 contracts

Sources: Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

Ownership of the. BORROWER The Shareholder is the sole shareholder of the each Borrower;

Appears in 2 contracts

Sources: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)