Common use of Certificate of Ownership Clause in Contracts

Certificate of Ownership. 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

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

Certificate of Ownership. 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 1 contract

Sources: Secured Term Loan Facility (Teekay Offshore Partners L.P.)