Common use of Indebtedness to and from Officers, etc Clause in Contracts

Indebtedness to and from Officers, etc. Neither of the Subsidiaries will be indebted, directly or indirectly, to any person who is an officer, director, stockholder or employee of Seller or any spouse, child, or other relative or any affiliate of any such person, nor shall any such officer, director, stockholder, employee, relative or affiliate be indebted to either of the Subsidiaries.

Appears in 3 contracts

Samples: Fsru Lease Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP), Purchase, Sale and Contribution Agreement (Golar LNG LTD)

AutoNDA by SimpleDocs

Indebtedness to and from Officers, etc. Neither None of the Subsidiaries will be indebted, directly or indirectly, to any person who is an officer, director, stockholder or employee of Seller any of the Sellers or any spouse, child, or other relative or any affiliate of any such person, nor shall any such officer, director, stockholder, employee, relative or affiliate be indebted to either any of the Subsidiaries.

Appears in 2 contracts

Samples: Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP)

Indebtedness to and from Officers, etc. Neither None of the Subsidiaries will be indebted, directly or indirectly, to any person who is an officer, director, stockholder or employee of any of the Seller or any spouse, child, or other relative or any affiliate of any such person, nor shall any such officer, director, stockholder, employee, relative or affiliate be indebted to either any of the Subsidiaries.

Appears in 2 contracts

Samples: Purchase, Sale and Contribution Agreement, Purchase, Sale and Contribution Agreement (Golar LNG Partners LP)

AutoNDA by SimpleDocs

Indebtedness to and from Officers, etc. Neither None of the Subsidiaries will be indebted, directly or indirectly, to any person who is an officer, director, stockholder or employee of any of the Seller Entities or any spouse, child, or other relative or any affiliate of any such person, nor shall any such officer, director, stockholder, employee, relative or affiliate be indebted to either any of the Subsidiaries.

Appears in 2 contracts

Samples: Purchase, Sale and Contribution Agreement, Option Agreement (Golar LNG Partners LP)

Time is Money Join Law Insider Premium to draft better contracts faster.