ONAV » Topics » (Corporate Guarantor)

These excerpts taken from the ONAV 20-F filed Jun 11, 2008.
Corporate Guarantor" means Omega Navigation Enterprises Inc., a corporation organised and existing under the laws of the Republic of the Marshall Islands with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960;
 
 
"Current Assets" means, as at any date, the value at that date of the current assets of the Group on a consolidated basis determined in accordance with generally accepted accounting principles consistently applied;
 
"
Corporate Guarantor” means Omega Navigation Enterprises Inc., a corporation incorporated in the Republic of the Marshall Islands whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro MH 96960 Marshall Islands;
 
Corporate Guarantor" means Omega Navigation Enterprises Inc., a corporation organised and existing under the laws of the Republic of the Marshall Islands with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Islands, Majuro, Marshall Islands MH96960;
 
 
"Current Assets" means, as at any date, the value at that date of the current assets of the Group on a consolidated basis determined in accordance with generally accepted accounting principles consistently applied;
 
"
(Corporate Guarantor) ensure and procure that throughout the Security Period the percentage of the overall amount of debt of the Corporate Guarantor to the total capitalization [debt plus equity] must not exceed seventy per cent (70%); and

11.03.09.
(Corporate Guarantor) ensure and procure that throughout the Security Period the percentage of the overall amount of debt of the Corporate Guarantor to the total capitalization [debt plus equity] must not exceed seventy per cent (70%); and

11.03.09.   

EXCERPTS ON THIS PAGE:

20-F (5 sections)
Jun 11, 2008
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