Common use of No Other Subsidiaries Clause in Contracts

No Other Subsidiaries. Other than its ownership of its general partner interest in the Partnership and the Incentive Distribution Rights and except as described in the General Disclosure Package and the Prospectus, the General Partner does not own, and at the Closing Time and at each Date of Delivery will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and (ii) the Operating Company’s 100% direct or indirect ownership of the outstanding capital stock or limited liability company interest in each Operating Subsidiary except as set forth on Schedule C, neither the Partnership nor the Operating Company owns, and at the Closing Time and at each Date of Delivery, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.

No Other Subsidiaries. Other than its ownership of its 2.0% general partner interest in the Partnership and Partnership, the Incentive Distribution Rights and except as described a 1.0% interest in the General Disclosure Package and the ProspectusTeekay LNG Holdings L.P., the General Partner does not own, and at the Closing Time and at each Date of Delivery will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and a 100% interest in Teekay LNG Finance Corp., a Xxxxxxxx Islands corporation, and (ii) the Operating Company’s 100% direct ownership, (directly or indirect ownership indirectly) of the outstanding capital stock or limited liability company interest percentage of the equity interests in each of the Operating Subsidiary except Subsidiaries as set forth on Schedule CII, neither the Partnership nor the Operating Company owns, and at the each Closing Time and at each Date of Deliveryor Option Closing Date, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity, except as described in the Disclosure Package and the Prospectus.

No Other Subsidiaries. Other than its ownership of its 2.0% general partner interest in the Partnership and the Incentive Distribution Rights and except as described in the General Disclosure Package and the Prospectus, the General Partner does not own, and at the Closing Time and at each Date of Delivery will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and (ii) the Operating Company’s 100% direct or indirect ownership of the outstanding capital stock or limited liability company interest in each Operating Subsidiary except as set forth on Schedule CD, neither the Partnership nor the Operating Company owns, and at the Closing Time and at each Date of Delivery, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.

No Other Subsidiaries. Other than its ownership of its general partner interest in the Partnership and the Incentive Distribution Rights and except as described in the General Disclosure Package Registration Statement and the Prospectus, the General Partner does not own, and at the Closing each Applicable Time and at each Date of Delivery will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and (ii) the Operating Company’s 100% direct or indirect ownership of the outstanding capital stock or limited liability company interest in each Operating Subsidiary except as set forth on Schedule C4, neither the Partnership nor the Operating Company owns, and at the Closing Time and at each Date of DeliveryApplicable Time, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.

No Other Subsidiaries. Other than its ownership of its 2.0% general partner interest in the Partnership and the Incentive Distribution Rights and except as described in the General Disclosure Package and the ProspectusPackage, the General Partner does not own, and at the Closing Time and at each Date of Delivery will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and (ii) the Operating Company’s 100% direct or indirect ownership of the outstanding capital stock or limited liability company interest in each Operating Subsidiary except as set forth on Schedule CF, neither the Partnership nor the Operating Company owns, and at the Closing Time and at each Date of Delivery, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.

No Other Subsidiaries. Other than its ownership of its 2.0% general partner interest in the Partnership and the Incentive Distribution Rights and except as described in the General Disclosure Package and the ProspectusRights, the General Partner does not own, and at the Closing Time Date and at each Date of Delivery the Option Closing Date, will not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity. Other than (i) the Partnership’s ownership of a 100% membership interest in the Operating Company and 100% interest in Teekay LNG Finance Corp., a Mxxxxxxx Islands corporation, and (ii) the Operating Company’s 100% direct ownership (directly or indirect ownership indirectly) of the outstanding capital stock or limited liability company interest equity interests in each of the Operating Subsidiary except Subsidiaries as set forth on Schedule CII, neither the Partnership nor the Operating Company owns, and at the Closing Time Date and at each Date of Deliverythe Option Closing Date, neither will own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.