Common use of No arrangements relating to share capital Clause in Contracts

No arrangements relating to share capital. None of the Companies have created or issued any shares or equity interests (other than the Interests). There is no agreement, arrangement, obligation or commitment (including an option or right of pre-emption or conversion) requiring or granting any person the right to require the creation, allotment, issue, transfer, redemption or repayment of, or creating or requiring the creation of any Security Interest over, or requiring the grant to a person of the right (conditional or not) to require the allotment, issue, transfer, redemption or repayment of, any shares, equity or loan capital in any of the Companies (or any unissued shares, equity capital, loan capital or other securities of any of the Companies) now or at any time in the future, and none of the Companies have agreed to do or enter into any of the foregoing and no person has made any claim to be entitled to any of the foregoing.

Appears in 3 contracts

Samples: Noncompetition Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.)

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No arrangements relating to share capital. None Neither of the Companies have created or issued any shares or equity interests (other than the Interests). There is no agreement, arrangement, obligation or commitment (including an option or right of pre-emption or conversion) requiring or granting any person the right to require the creation, allotment, issue, transfer, redemption or repayment of, or creating or requiring the creation of any Security Interest over, or requiring the grant to a person of the right (conditional or not) to require the allotment, issue, transfer, redemption or repayment of, any shares, equity or loan capital in any either of the Companies (or any unissued shares, equity capital, loan capital or other securities of any of the Companies) now or at any time in the future, and none neither of the Companies have agreed to do or enter into any of the foregoing and no person has made any claim to be entitled to any of the foregoing.

Appears in 2 contracts

Samples: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Offshore Partners L.P.)

No arrangements relating to share capital. None of the Companies have The Company has not created or issued any shares or equity interests (other than the InterestsInterest). There is no agreement, arrangement, obligation or commitment (including an option or right of pre-emption or conversion) requiring or granting any person the right to require the creation, allotment, issue, transfer, redemption or repayment of, or creating or requiring the creation of any Security Interest over, or requiring the grant to a person of the right (conditional or not) to require the allotment, issue, transfer, redemption or repayment of, any shares, equity or loan capital in any of the Companies Company (or any unissued shares, equity capital, loan capital or other securities of any of the CompaniesCompany) now or at any time in the future, and none of the Companies have Company has agreed to do or enter into any of the foregoing and no person has made any claim to be entitled to any of the foregoing.

Appears in 1 contract

Samples: Purchase Agreement (Teekay Offshore Partners L.P.)

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No arrangements relating to share capital. None of the The Companies have not created or issued any shares or equity interests (other than the Interests). There is no agreement, arrangement, obligation or commitment (including an option or right of pre-emption or conversion) requiring or granting any person the right to require the creation, allotment, issue, transfer, redemption or repayment of, or creating or requiring the creation of any Security Interest over, or requiring the grant to a person of the right (conditional or not) to require the allotment, issue, transfer, redemption or repayment of, any shares, equity or loan capital in any of the Companies (or any unissued shares, equity capital, loan capital or other securities of any of the Companies) now or at any time in the future, and none of the Companies have not agreed to do or enter into any of the foregoing and no person has made any claim to be entitled to any of the foregoing.

Appears in 1 contract

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

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