Representations Limited. The representation and warranties of the Borrower in this clause 11 are subject to: 11.23.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court; 11.23.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors; 11.23.3 the time barring of claims under any applicable limitation acts; 11.23.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and 11.23.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 6 contracts
Samples: Loan Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility (Teekay Offshore Partners L.P.)
Representations Limited. The representation and warranties of the Borrower in this clause Clause 11 are subject to:
11.23.1 11.29.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.29.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, formal restructuring, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.29.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.29.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.29.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)
Representations Limited. The representation and warranties of the Borrower Borrowers in this clause Clause 11 are subject to:
11.23.1 11.24.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.24.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.24.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.24.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.24.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 3 contracts
Samples: Secured Facility Agreement, Secured Facility Agreement (Teekay LNG Partners L.P.), Secured Facility Agreement (Teekay LNG Partners L.P.)
Representations Limited. The representation and warranties of the Borrower Borrowers in this clause Clause 11 are subject to:
11.23.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 the time barring of claims under any applicable limitation acts;
11.23.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 3 contracts
Samples: Facility Agreement (Teekay Corp), Facility Agreement (Teekay Corp), Facility Agreement (Teekay Tankers Ltd.)
Representations Limited. The representation and warranties of the Borrower in this clause Clause 11 are subject to:
11.23.1 11.20.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.20.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.20.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.20.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.20.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 1 contract
Samples: Secured Credit Facility (Teekay Offshore Partners L.P.)
Representations Limited. The representation and warranties of the Borrower in this clause Clause 11 are subject to:
11.23.1 11.30.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.30.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.30.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.30.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.30.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the FacilityLoan.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility Agreement (Teekay Offshore Partners L.P.)
Representations Limited. The representation and warranties of the Borrower in this clause Clause 11 are subject to:
11.23.1 11.28.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.28.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.28.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.28.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.28.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 1 contract
Representations Limited. The representation and warranties of the Borrower Borrowers in this clause Clause 11 are subject to:
11.23.1 11.26.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.26.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.26.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.26.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.26.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the FacilityLoan.
Appears in 1 contract
Samples: Secured Term Loan Facility Agreement (Teekay LNG Partners L.P.)
Representations Limited. The representation and warranties of the Borrower in this clause 11 are subject to:
11.23.1 11.21.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.21.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.21.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.21.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.21.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 1 contract
Samples: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.)
Representations Limited. The representation and warranties of the Borrower in this clause Clause 11 are subject to:
11.23.1 11.32.1 the principle that equitable remedies are remedies which may be granted or refused at the discretion of the court;
11.23.2 11.32.2 the limitation of enforcement by laws relating to bankruptcy, insolvency, liquidation, reorganisation, formal restructuring, court schemes, moratoria, administration and other laws generally affecting or limiting the rights of creditors;
11.23.3 11.32.3 the time barring of claims under any applicable limitation acts;
11.23.4 11.32.4 the possibility that a court may strike out provisions for a contract as being invalid for reasons of oppression, undue influence or similar; and
11.23.5 11.32.5 any other reservations or qualifications of law expressed in any legal opinions obtained by the Facility Agent in connection with the Facility.
Appears in 1 contract
Samples: Loan Agreement
