Common use of Control of Borrower Clause in Contracts

Control of Borrower. Tefron shall own directly all of the outstanding capital stock of Parent, and Parent shall own directly all of the outstanding capital stock of AWS.

Appears in 1 contract

Sources: Credit Agreement (Tefron LTD)

Control of Borrower. Tefron shall own directly all of the outstanding capital stock of Parent, and Parent shall own directly all of the outstanding capital stock of AWSAlba.

Appears in 1 contract

Sources: Credit Agreement (Tefron LTD)