Common use of Certificate of Ownership Clause in Contracts

Certificate of Ownership. (a) A certificate from Teekay that it owns a minimum of fifty one per cent (51%) of the voting rights in the General Partner, which is the general partner in TOO.

Appears in 2 contracts

Samples: Loan Agreement (Teekay Corp), Loan Agreement (Teekay Offshore Partners L.P.)

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Certificate of Ownership. (a) A certificate from Teekay that it owns a minimum of fifty one per cent (51%) of the voting rights in the General PartnerTeekay Offshore GP L.L.C., which is the general partner in TOO.

Appears in 1 contract

Samples: Loan Agreement (Teekay Offshore Partners L.P.)

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Certificate of Ownership. (a) A certificate from Teekay Xxxxxx that it owns a minimum of fifty one per cent (51%) of the voting rights in the General Partner, which is the general partner in TOO.

Appears in 1 contract

Samples: Loan Agreement (Teekay Offshore Partners L.P.)

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