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Common use of Creation of Subsidiaries Clause in Contracts

Creation of Subsidiaries. The Borrower will not, and will not permit any Restricted Subsidiary to, at any time create or acquire any subsidiary.

Appears in 5 contracts

Sources: 364 Day Revolving Credit Agreement (NuStar GP Holdings, LLC), 364 Day Revolving Credit Agreement (NuStar GP Holdings, LLC), 364 Day Revolving Credit Agreement (NuStar GP Holdings, LLC)

Related Clauses

  • Formation of Subsidiaries
  • Designation of Subsidiaries
  • Capitalization of Subsidiaries
  • Creation/Acquisition of Subsidiaries
  • Limitation on Creation of Subsidiaries

Parent Clauses

  • NEGATIVE COVENANTS
  • COVENANTS
  • AFFIRMATIVE COVENANTS
  • Covenants of the Company
  • CERTAIN NEGATIVE COVENANTS

Sub-Clauses

  • Change of Control
  • Judgments
  • Events of Default
  • Representations and Warranties
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