Common use of No Permits Clause in Contracts

No Permits. To such counsel’s knowledge, no permits, consents, licenses, certificates and authorizations of, or filings with, any governmental or regulatory authorities of the Republic of The Xxxxxxxx Islands are required for any of the Teekay Parties or the Operating Subsidiaries set forth in Schedule II and formed in the Republic of The Xxxxxxxx Islands to own or lease its properties and to conduct its business in the manner described in the Registration Statement, the Pricing Disclosure Package and the Prospectus, other than such permits, consents, licenses, certificates and authorizations or filings with any Republic of The Xxxxxxxx Islands governmental authority currently held or previously obtained, applied, received or filed by any of the Teekay Parties or the Operating Subsidiaries set forth in Schedule II and formed in the Republic of The Xxxxxxxx Islands.

No Permits. To such counsel’s knowledge, no permits, consents, licenses, certificates and authorizations of, or filings with, any governmental or regulatory authorities of the Republic of The Xxxxxxxx Islands are required for any of the Teekay Parties General Partner, the Partnership, the Operating Company or the Operating Subsidiaries set forth identified as a significant subsidiary in Schedule II I and formed in the Republic of The Xxxxxxxx Islands Islands, to own or lease its properties and to conduct its business in the manner described in the Registration Statement, the Pricing Disclosure Package Statement and the Prospectus, other than such permits, consents, licenses, certificates and authorizations or filings with any Republic of The Xxxxxxxx Islands governmental authority currently held or previously obtained, applied, received or filed by any of the Teekay Parties General Partner, the Partnership, the Operating Company or the Operating Subsidiaries set forth identified as a significant subsidiary in Schedule II and I that are formed in the Republic of The Xxxxxxxx Islands.