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

Subsidiaries; Equity Interests; Loan Parties. As of the Closing 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 Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent applicable) and are owned by a Loan Party in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except Permitted Liens. As of the Closing Date, no Loan Party has any 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, are fully paid and non-assessable. 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, the address of its principal place of business and its U.S. taxpayer identification number. The copy of the charter of each Loan Party and each amendment thereto provided to the Administrative Agent on the Closing Date is, as of the Closing Date, a true and correct copy of each such document, each of which is valid and in full force and effect as of the date hereof.

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.

As of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]), no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by a Loan Party or another Subsidiary in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents. No Loan Party has any equity investments in any other corporation or entity as of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]) other than those specifically disclosed in Part # of [Schedule 5.13]. All of the outstanding Equity Interests in each Borrower have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by Holdings free and clear of all Liens except those created under the Collateral Documents. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Third Restatement Date (as to each Loan Party) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation. As of the Third Restatement Date, the copy of the charter of each Loan Party and each amendment thereto provided pursuant to [Section 4.01(a)] (or pursuant to [Section 4.01(a)] of the Existing Credit Agreement, as applicable) is a true and correct copy of each such document, each of which is valid and in full force and effect.

. As of the Closing Date, no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by a Loan Party in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those permitted by [Section 7.01]. As of the Closing Date, no Loan Party has any 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, are fully paid and non-assessable. 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, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation. As of the Closing Date, the copy of the charter of each Loan Party and each amendment thereto provided pursuant to [Section 4.01(a)(iii)] is a true and correct copy of each such document, each of which is valid and in full force and effect as of the Closing Date.

As of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]), no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by a Loan Party or another Subsidiary in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents. No Loan Party has any equity investments in any other corporation or entity as of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]) other than those specifically disclosed in Part # of [Schedule 5.13]. All of the outstanding Equity Interests in each Borrower have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by Holdings free and clear of all Liens except those created under the Collateral Documents. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Third Restatement Date (as to each Loan Party) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation. As of the Third Restatement Date, the copy of the charter of each Loan Party and each amendment thereto provided pursuant to [Section 4.01(a)] (or pursuant to [Section 4.01(a)] of the Existing Credit Agreement, as applicable) is a true and correct copy of each such document, each of which is valid and in full force and effect.

As of the Third Restatement Date (or the date of any supplements delivered pursuant to Section 6.12(a[[Holdings:Organization]](i[[Holdings:Organization]]), no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable[[Holdings:Organization]] and are owned by a Loan Party or another Subsidiary in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents. No Loan Party has any equity investments in any other corporation or entity as of the Third Restatement Date (or the date of any supplements delivered pursuant to Section 6.12(a[[Holdings:Organization]](i[[Holdings:Organization]]) other than those specifically disclosed in Part # of [Schedule 5.13]. All of the outstanding Equity Interests in each Borrower (other than Holdings[[Holdings:Organization]] have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable[[Holdings:Organization]] and are owned by Holdings or another Loan Party free and clear of all Liens except those created under the Collateral Documents. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Third Restatement Date (as to each Loan Party[[Holdings:Organization]] the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation. As of the Third Restatement Date, the copy of the charter of each Loan Party and each amendment thereto provided pursuant to Section 4.01(a[[Holdings:Organization]] (or pursuant to Section 4.01(a[[Holdings:Organization]] of the Existing2016 Credit Agreement, as applicable[[Holdings:Organization]] is a true and correct copy of each such document, each of which is valid and in full force and effect.

Subsidiaries; Equity Interests; Loan Parties. As of the Restatement Date, no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by a Loan Party in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except Permitted Liens. All of the outstanding Equity Interests in the Borrowers have been validly issued, are fully paid and non-assessable and are owned by the Persons and in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except Permitted Liens. As of the Restatement Date, set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Restatement Date (as to each Loan Party) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation.

Subsidiaries; Equity Interests; Loan Parties. As of the Closing Date, the Borrower has no Subsidiaries other than those specifically disclosed in [Exhibit 21] to the Form 10-K for the fiscal year ended June 30, 2022 or on [Schedule 5.13] hereto, and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by a Loan Party free and clear of all Liens. The Borrower has no equity investments in any other corporation or entity other than those specifically disclosed in [Exhibit 21] to the Form 10-K for the fiscal year ended June 30, 2022. Set forth on [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, the address of its principal place of business and its U.S. taxpayer identification number. The copy of the charter of each Loan Party and each amendment thereto provided pursuant to [Section 4.01(a)(iv)] is a true and correct copy of each such document, each of which is valid and in full force and effect.

Subsidiaries; Equity Interests; Loan Parties. As of the Closing Date, no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable and are owned by a Loan Party in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents. As of the Closing Date, no Loan Party has any equity investments in any other corporation or entity other than those specifically disclosed in Part # of [Schedule 5.13]. 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, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation.

As of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]), no Loan Party has any Subsidiaries other than those specifically disclosed in Part # of [Schedule 5.13], and all of the outstanding Equity Interests in such Subsidiaries have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by a Loan Party or another Subsidiary in the amounts specified on Part # of [Schedule 5.13] free and clear of all Liens except those created under the Collateral Documents. No Loan Party has any equity investments in any other corporation or entity as of the Third Restatement Date (or the date of any supplements delivered pursuant to [Section 6.12(a)(i)]) other than those specifically disclosed in Part # of [Schedule 5.13]. All of the outstanding Equity Interests in each Borrower have been validly issued, are fully paid and non-assessable (to the extent such concept is applicable) and are owned by Holdings free and clear of all Liens except those created under the Collateral Documents. Set forth on Part # of [Schedule 5.13] is a complete and accurate list of all Loan Parties, showing as of the Third Restatement Date (as to each Loan Party) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer identification number or, in the case of any non-U.S. Loan Party that does not have a U.S. taxpayer identification number, its unique identification number issued to it by the jurisdiction of its incorporation. As of the Third Restatement Date, the copy of the charter of each Loan Party and each amendment thereto provided pursuant to [Section 4.01(a)] (or pursuant to [Section 4.01(a)] of the Existing Credit Agreement, as applicable) is a true and correct copy of each such document, each of which is valid and in full force and effect.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.