Common use of No Interests Clause in Contracts

No Interests. Except as set forth in Section 3.05 of the Disclosure Schedule, there are no corporations, partnerships, joint ventures, associations or other entities in which any of the Pershing Companies own, of record or beneficially, any direct or indirect equity or other interest or any right (contingent or otherwise) to acquire the same. Except as set forth in Section 3.05 of the Disclosure Schedule, none of the Pershing Companies is a member of (nor is any part of any of their businesses conducted through) any partnership. Except as set forth in Section 3.05 of the Disclosure Schedule, none of the Pershing Companies is a participant in any joint venture or similar arrangement.

No Interests. Except as set forth in Section 3.05 of the Disclosure Schedule, there are no corporations, partnerships, joint ventures, associations or other entities in which any of the Pershing Companies own, of record or beneficially, any direct or Back to Contents indirect equity or other interest or any right (contingent or otherwise) to acquire the same. Except as set forth in Section 3.05 of the Disclosure Schedule, none of the Pershing Companies is a member of (nor is any part of any of their businesses conducted through) any partnership. Except as set forth in Section 3.05 of the Disclosure Schedule, none of the Pershing Companies is a participant in any joint venture or similar arrangement.