Common use of Intercompany borrowings Clause in Contracts

Intercompany borrowings. The Borrower will only borrow from other members of the Group on a subordinated and unsecured basis.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)

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Intercompany borrowings. The Borrower will only borrow from other members of the Group Group, on a subordinated and unsecured basis.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay Shipping Corp)

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Intercompany borrowings. The Borrower Borrowers will only borrow from other members of the Guarantor Group on a subordinated and unsecured basis.

Appears in 1 contract

Samples: Loan Agreement (Teekay LNG Partners L.P.)

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