Immaterial Subsidiaries. Parent will not permit any Immaterial Subsidiary to # own any assets (other than assets of a de minimis nature), # have any liabilities (other than liabilities of a de minimis nature), or # engage in any business activity, in each case, other than maintenance of its existence (or its liquidation or dissolution, to the extent permitted herein), performance of its obligations hereunder and under the other Loan Documents, and activities incidental to any of the foregoing.
Immaterial Subsidiaries. Parent will not permit anyNo Immaterial Subsidiary to # ownowns any assets (other than assets of a de minimis nature), # havehas any liabilities (other than liabilities of a de minimis nature), or # engageengages in any business activity, in each case, other than maintenance of its existence (or its liquidation or dissolution, to the extent permitted herein), performance of its obligations hereunder and under the other Loan Documents, and activities incidental to any of the foregoing.
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