Common use of Consolidated Business Entity Clause in Contracts

Consolidated Business Entity. The Borrower and its Subsidiaries are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.

Appears in 2 contracts

Sources: Credit Agreement (Callon Petroleum Co), Credit Agreement (Pc Service Source Inc)

Consolidated Business Entity. The Borrower and its Material Subsidiaries ---------------------------- are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.

Appears in 2 contracts

Sources: Credit Agreement (Compucom Systems Inc), Credit Agreement (Safeguard Scientifics Inc Et Al)

Consolidated Business Entity. The Borrower and its Material ---------------------------- Subsidiaries are operated as a part of one consolidated business entity and are directly or indirectly dependent upon each other for and in connection with their respective business activities.

Appears in 1 contract

Sources: Credit Agreement (Compucom Systems Inc)