Legal and beneficial ownership. Each Obligor is the sole legal and beneficial owner of the assets over which it purports to grant Security 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. Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant a Security pursuant to 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 pursuant to Interest under the Security Documents.
Appears in 2 contracts
Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)
Legal and beneficial ownership. Each Obligor is the sole legal and beneficial owner of the assets over which it purports to grant Security pursuant to the Security Documents.Security
Appears in 1 contract
Legal and beneficial ownership. Each Subject to the Security under the Security Documents, each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant Security pursuant to the Security DocumentsTrustee.
Appears in 1 contract
Samples: Facility Agreement (Tongjitang Chinese Medicines Co)
Legal and beneficial ownership. Each Obligor is the sole legal and beneficial owner of the respective assets over which it purports to grant Security pursuant to the Security DocumentsSecurity.
Appears in 1 contract
