Ownership of Luxco. The issued capital of Luxco consists of 1,500 (one thousand five hundred) shares, all of which are held by the Operating Company. All the issued shares of capital stock of Luxco have been duly authorized, validly issued, fully subscribed for in cash and are not assessable. To such counsel’s knowledge, all of the shares of capital stock of Luxco are free of all liens.
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Samples: Underwriting Agreement (Teekay LNG Partners L.P.), Underwriting Agreement (Teekay LNG Partners L.P.), Underwriting Agreement (Teekay LNG Partners L.P.)
Ownership of Luxco. The issued capital of Luxco consists of 1,500 (one thousand five hundred) shares, all of which are held by the Operating Company. All the issued shares of capital stock of Luxco have been duly authorized, validly issued, fully subscribed for in cash and are not assessable. To such counsel’s 's knowledge, all of the shares of capital stock of Luxco are free of all liens, other than those liens described in the Agreement dated February 22, 2001, entered into by, amongst others, Naviera Teekay Gas S.L., as Borrower, and the several banks and financial institutions named therein.
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