Common use of No Security Interest over assets Clause in Contracts

No Security Interest over assets. There is no Security Interest (other than liens arising in the usual course of business consistent with past practices) affecting the whole or any material part of the assets of the Companies.

Appears in 3 contracts

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

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No Security Interest over assets. There Save as Disclosed, there is no Security Interest (other than liens arising in the usual course of business consistent with past practices) affecting the whole or any material part of the assets of any of the Companies.

Appears in 2 contracts

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

No Security Interest over assets. Save as Disclosed, There is no Security Interest (other than liens arising in the usual course of business consistent with past practices) affecting the whole or any material part of the assets of any of the Companies.

Appears in 1 contract

Samples: Purchase Agreement (Teekay Tankers Ltd.)

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No Security Interest over assets. There is no Security Interest (other than liens arising in the usual course of business consistent with past practices) affecting the whole or any material part of the assets of the CompaniesCompany.

Appears in 1 contract

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

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