Common use of Ownership of Clause in Contracts

Ownership of. the Borrower and the Intermediate Parent a) The Intermediate Parent shall at all times own directly one hundred per cent. (100.00%) of the shares and voting rights in the Borrower.

Appears in 4 contracts

Sources: Facility Agreement (Flex LNG Ltd.), Facility Agreement (Flex LNG Ltd.), Facilities Agreement (Flex LNG Ltd.)