Reduction of capital. No Obligor shall redeem or purchase or otherwise reduce any of its equity or any other share capital or any warrants or any uncalled or unpaid liability in respect of any of them or reduce the amount (if any) for the time being standing to the credit of its share premium account or capital redemption or other undistributable reserve in any manner.
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Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)
Reduction of capital. No Obligor Owner shall redeem or purchase or otherwise reduce any of its equity or any other share capital or any warrants or any uncalled or unpaid liability in respect of any of them or reduce the amount (if any) for the time being standing to the credit of its share premium account or capital redemption or other undistributable reserve in any mannermanner unless permitted pursuant to clause 27.13 (Distributions and other payments).
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Reduction of capital. 100 UK-#751511372-v3 No Obligor Owner shall redeem or purchase or otherwise reduce any of its equity or any other share capital or any warrants or any uncalled or unpaid liability in respect of any of them or reduce the amount (if any) for the time being standing to the credit of its share premium account or capital redemption or other undistributable reserve in any manner.manner unless permitted pursuant to clause 27.13 (Distributions and other payments). 27.13
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