Ownership of Obligors. (A) The Guarantor beneficially owns, indirectly, all of the issued share capital of the Company. (B) The issued share capital of the Company is fully paid up and, to the extent applicable, beneficially owned by the Guarantor, free of all encumbrances or other third party rights.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)
Ownership of Obligors. (A) The Guarantor Company beneficially owns, indirectly, all of the issued share capital of the Guarantors and the Borrowers (other than the Company).
(B) The issued share capital of the Company Guarantors and the Borrowers is fully paid up and, to the extent applicable, beneficially owned by the GuarantorCompany, free of all encumbrances or other third party rightsrights (other than pursuant to the Charge over Shares in KEH).
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)