Marathon Subsidiaries; Equity Interests. (a) All the outstanding shares of capital stock of, or other equity interests in, each Significant Marathon Subsidiary have been duly authorized and validly issued and are fully paid and nonassessable and are as of the date of this Agreement owned by Marathon, by another subsidiary of Marathon (a "Marathon Subsidiary") or by Marathon and another Marathon Subsidiary, free and clear of all Liens.
Appears in 2 contracts
Samples: Master Agreement (Ashland Inc), Master Agreement (Ashland Inc)
Marathon Subsidiaries; Equity Interests. (a) All the outstanding shares of capital stock of, or other equity interests in, each Significant Marathon Subsidiary have been duly authorized and validly issued and are fully paid and nonassessable and are as of the date of this Agreement owned by Marathon, by another subsidiary of Marathon (a "“Marathon Subsidiary"”) or by Marathon and another Marathon Subsidiary, free and clear of all Liens.
Appears in 1 contract
Samples: Master Agreement (Marathon Oil Corp)
Marathon Subsidiaries; Equity Interests. (a) All the outstanding shares of capital stock of, or other equity interests in, each Significant Marathon Subsidiary have been duly authorized and validly issued and are fully paid and nonassessable and are as of the date of this Agreement owned by Marathon, by another subsidiary of Marathon (a "“Marathon Subsidiary"“) or by Marathon and another Marathon Subsidiary, free and clear of all Liens.
Appears in 1 contract
Samples: Master Agreement (Marathon Oil Corp)