Common use of Ownership of WII Clause in Contracts

Ownership of WII. Except to the extent permitted under Section 8.02, the Persons who are the shareholders of WIL shall not at any time own, beneficially and of record, directly or indirectly, less than 100% of the Capital Stock (except for directors’ qualifying shares) of WII.

Appears in 4 contracts

Samples: Credit Agreement (Weatherford International LTD), Credit Agreement (Weatherford International LTD), Credit Agreement (Weatherford International LTD)

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Ownership of WII. Except to the extent permitted under Section 8.027.02, the Persons who are the shareholders of WIL shall not at any time own, beneficially and of record, directly or indirectly, less than 100% of the Capital Stock (except for directors’ ' qualifying shares) of WII.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Weatherford International LTD)

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