Legal and beneficial ownership. (a) Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security Interest under the Security Documents.
Appears in 2 contracts
Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)
Legal and beneficial ownership. (a) Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security Interest under the Security Documents.
Appears in 2 contracts
Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Legal and beneficial ownership. (a) Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security Interest under pursuant to the Security Documents.
Appears in 2 contracts
Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)
Legal and beneficial ownership. (a) Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security Interest under the Security DocumentsSecurity.
Appears in 1 contract
Legal and beneficial ownership. (a) Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security Interest under the Security Documents.Security
Appears in 1 contract
