Increase in capital. No Obligor (other than the Parent) shall issue shares or other equity interests to anyone who is not a wholly-owned Subsidiary of the Parent.
Appears in 2 contracts
Sources: Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Tankers Ltd.)
Increase in capital. No Obligor (other than the Parent) shall issue shares or other equity interests to anyone who is not a wholly-owned Subsidiary of the Parentother than its Shareholder(s).
Appears in 1 contract
Sources: Facility Agreement (DryShips Inc.)