Example ContractsClausesSubsidiaries; Equity Interests
Subsidiaries; Equity Interests
Subsidiaries; Equity Interests contract clause examples

Subsidiaries; Equity Interests. As of the Closing Date, the Borrower has no Subsidiaries other than those specifically disclosed in [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the amounts specified on [Schedule 5.13] free and clear of all Liens.

Subsidiaries; Equity Interests. As of the Closing Date, the Borrower has no Subsidiaries other than those specifically disclosed in [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the amounts specified on [Schedule 5.13] free and clear of all Liens.

Subsidiaries; Equity Interests. As of the Closing Date, all of the outstanding Equity Interests in each Subsidiary Guarantor are owned, directly or indirectly, by the Borrower as set forth on Part # of [Schedule 5.13] free and clear of all Liens. All of the outstanding Equity Interests in each Loan Party have been validly issued and are fully paid and nonassessable. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Closing Date (as to each Loan Party) the jurisdiction of its incorporation or organization and the address of its principal place of business.

Subsidiaries; Equity Interests. Class B Investor has no Subsidiaries or other Equity Interests other than those in Borrower Member, Borrower Member has no Subsidiaries or other Equity Interests other than those in Borrower, and Borrower has no Subsidiaries or other Equity Interests.

Subsidiaries; Equity Interests. As of the Effective Date, the Borrower has no Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Material Subsidiaries have been validly issued, are fully paid and nonassessable and are owned directly or indirectly by the Borrower (other than directors’ qualifying shares required by law) in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens. As of the Effective Date, the Borrower has no equity investments in any other corporation or entity other than those specifically disclosed in Part # of [Schedule 5.13].

Subsidiaries; Equity Interests. As of the Closing Date, the Borrower has no Material Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Material Subsidiaries have been validly issued, are fully paid and nonassessable and are owned by a Loan Party in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens. The Borrower has no material equity investments in any other corporation or entity other than those specifically disclosed in Part # of [Schedule 5.13]. All of the outstanding Equity Interests in the Borrower have been validly issued and are fully paid and nonassessable.

Subsidiaries; Equity Interests. Set forth on [Schedule 5.13] is a complete and accurate list as of the Closing Date of each Subsidiary, together with # such Subsidiary’s jurisdiction of organization, # the number of shares of each class of Equity Interests of such Subsidiary outstanding, # the number and percentage of each class of outstanding shares of such Subsidiary owned (directly or indirectly) by the Borrower or any Subsidiary and # an indication as to whether such Subsidiary is a Restricted Subsidiary or an Unrestricted Subsidiary, an Excluded Subsidiary (and, if so, the type (e.g., an Immaterial Subsidiary) of such Excluded Subsidiary), a CFC Holdco and/or a CFC. The outstanding Equity Interests of each Restricted Subsidiary are validly issued, fully paid and non-assessable (to the extent applicable) and are owned by a Loan Party in the amounts specified on [Schedule 5.13] free and clear of all Liens other than the Liens created pursuant to the applicable Collateral Documents and inchoate and other non-consensual Permitted Liens.

Subsidiaries; Equity Interests . As of the Closing Date, no Covenant Entity has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.11], and all of the outstanding Equity Interests in each Covenant Entity and their respective Subsidiaries have been validly issued, are fully paid and nonassessable, and such Equity Interests of the Covenant Entities and their Subsidiaries are owned by the Person(s[[Borrower:Organization]] set forth in Part # of [Schedule 5.11], in each case in the amounts specified in Part # of [Schedule 5.11] free and clear of all Liens except # those created under the Security Documents and # any nonconsensual Lien that is permitted under [Section 7.01]. As of the Closing Date, Part # of [Schedule 5.11] is a complete and accurate list of all Covenant Entities and their Subsidiaries, the jurisdiction of each such Person’s incorporation, the address of its principal place of business and its U.S. taxpayer identification number. As of the Closing Date, the Borrower has no Variable Interest Entities.

Subsidiaries; Equity Interests. As of the Restatement Effective Date, the Loan Parties have no Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], which Schedule sets forth the legal name, jurisdiction of incorporation or formation and authorized Equity Interests of each such Subsidiary. All of the outstanding Equity Interests in the Loan Parties and Restricted Subsidiaries have been validly issued, are fully paid and non-assessable (other than with respect to the Lead Borrower) and are owned by a Loan Party (or a Subsidiary of a Loan Party) in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except for # those created under the Security Documents, and # Permitted Encumbrances securing any Permitted Term Loan Indebtedness, and # Permitted Encumbrances under clauses (a) and (e) in the definition thereof. Except as set forth in [Schedule 5.13], there are no outstanding rights to purchase any Equity Interests in any Restricted Subsidiary. The Loan Parties have no equity investments in any other corporation or entity other than those specifically disclosed in Part # of [Schedule 5.13]. The copies of the Organization Documents of each Loan Party and each amendment thereto provided pursuant to Section 4.01 are true and correct copies of each such document, each of which is valid and in full force and effect.

Subsidiaries; Equity Interests. Borrower Member has no Subsidiaries or other Equity Interests other than those in Borrower, and Borrower has no Subsidiaries or other Equity Interests.

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