Common use of Increase in capital Clause in Contracts

Increase in capital. No Obligor (other than the Parent) shall issue shares or other equity interests to anyone who is not a wholly-owned Subsidiary of the Parent.

Appears in 2 contracts

Samples: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)

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Increase in capital. No Obligor (other than the Parent) shall issue shares or other equity interests to anyone who is not a wholly-owned Subsidiary of the Parentother than its Shareholder(s).

Appears in 1 contract

Samples: Facility Agreement (DryShips Inc.)

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