Common use of Debts Clause in Contracts

Debts. The Companies have not factored any of its debts. There are no debts owing to the Companies.

Appears in 3 contracts

Sources: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay LNG Partners L.P.)

Debts. The None of the Companies have not factored any of its their debts. There are no debts owing to any of the Companies.

Appears in 3 contracts

Sources: Business Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.)

Debts. The Companies have Company has not factored any of its debts. There are no debts owing to the CompaniesCompany.

Appears in 2 contracts

Sources: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Tankers Ltd.)