Common use of Subsidiaries and Beneficial Interest Clause in Contracts

Subsidiaries and Beneficial Interest. The Borrower has no subsidiaries and does not beneficially own the whole or any part of the issued share capital or other ownership interest of any other company or corporation or other Person.

Subsidiaries and Beneficial Interest. The Borrower has no subsidiaries other than the Joint Venture Companies and does not beneficially own the whole or any part of the issued share capital or other ownership interest of any other company or corporation or other Person.