Claim Exceptions definition

Claim Exceptions with respect to any limited liability company membership interest, shareholding interest, or limited partnership interest as used herein shall mean: (i) pledges, liens, encumbrances, security interests or other claims as described in, referred to (including by incorporation by reference) or disclosed in the Time of Sale Information or the Offering Memorandum, (ii) any liens pursuant to credit agreements, security agreements or financing documents described in, referred to (including by incorporation by reference) or disclosed in the Time of Sale Information or the Offering Memorandum, and (iii) restrictions on transferability contained in the relevant organizational documents or under applicable securities laws, as applicable.
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Claim Exceptions with respect to any equity interest or other ownership interest as used herein shall mean: (i) pledges, liens, encumbrances, security interests or other claims as described in, referred to (including by incorporation by reference) or disclosed in the SEC Documents, (ii) any liens pursuant to credit agreements, security agreements or financing documents described in, referred to (including by incorporation by reference) or disclosed in the SEC Documents, and (iii) restrictions on transferability contained in the relevant organizational documents or under applicable securities laws, as applicable.
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Claim Exceptions with respect to any general partner interest, limited partner interest, limited liability company membership interest, shareholding interest or other ownership interest as used herein shall mean: (i) as otherwise described in, referred to or disclosed in the Registration Statement, the Pricing Disclosure Package or the Prospectus, (ii) any liens pursuant to credit agreements, security agreements or financing documents described in, referred to or disclosed in the Registration Statement, the Pricing Disclosure Package or the Prospectus, and (iii) restrictions on transferability contained in the relevant organizational documents or under applicable securities laws, as applicable.
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Examples of Claim Exceptions in a sentence

  • To the knowledge of such counsel, the Partnership and OLP GP each beneficially owns its respective partner interests in the Operating Company free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

  • To such counsel’s knowledge, the General Partner beneficially owns the Incentive Distribution Rights free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

  • To such counsel’s knowledge, the Partnership beneficially owns such membership interests free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

  • To such counsel’s knowledge, the General Partner beneficially owns such general partner interest free and clear of all pledges, liens, encumbrances, security interests or other claims, except Claim Exceptions.

  • To the knowledge of such counsel, the Operating Company or the Partnership, as the case may be, beneficially owns such stock or membership interests, as applicable, free and clear of all pledges, liens, encumbrances, security interests or other claims, except for the Claim Exceptions.

  • To the knowledge of such counsel, the Operating Company, the Partnership, Teekay Nordic Holdings Incorporated or Siri Holdings L.L.C., as the case may be, beneficially owns the stock or membership interests, as applicable, of each of the ▇▇▇▇▇▇▇▇ Islands Subsidiaries as described in a schedule to such opinion, free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

  • To the knowledge of such counsel, the Partnership beneficially owns such membership interests free and clear of all pledges, liens, encumbrances, security interests or other claims, except for the Claim Exceptions.

  • To the knowledge of such counsel, the Partnership, the OLP GP and Teekay Holdings each beneficially owns its respective partner interests free and clear of all pledges, liens, encumbrances, security interests or other claims, except for the Claim Exceptions.

  • To the knowledge of such counsel, the Partnership beneficially owns such stock free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

  • To such counsel’s knowledge, the Company beneficially owns such limited liability company interests or shares, as applicable, free and clear of all pledges, liens, encumbrances, security interests or other claims, except for Claim Exceptions.

Related to Claim Exceptions

  • Equitable Exceptions means, with respect to the enforceability of any obligation, that such obligation is subject to (a) applicable bankruptcy, insolvency, moratorium, receivership, assignment for the benefit of creditors or other similar state or federal laws affecting the rights and remedies of creditors generally (including, without limitation, fraudulent conveyance or transfer laws) and judicially developed doctrines in this area, such as equitable subordination and substantive consolidation of entities and (b) equitable principles (whether considered in a proceeding in equity or at law).

  • Title Defects has the meaning set forth in Section 5.15(b).

  • Title Objections has the meaning ascribed to such term in Section 6.2(a).

  • Title Defect means any lien, charge, Encumbrance, defect, or other matter that, as of the Execution Date, causes Seller or any Selling Subsidiary not to have Defensible Title in and to the Conveyed Interests; provided that the following shall not be considered Title Defects:

  • Title Defect Property has the meaning set forth in Section 6.2(a).